Which of the Following Statements About the Organization of Firms

question 119

Multiple Choice

Which of the following statements about the organization of firms is true?

• A)Partnerships are the most common form of business organization in Canada.
• B)Owners of a corporation have unlimited liability.
• C)Corporations have limited access to money markets.
• D)Owners of a corporation are not personally liable for the firm's actions,though its directors may be.
• E)Crown corporations are never interested in increasing profits because they have other goals.

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Definitions:

Geofencing

A location-based technology that creates a virtual boundary around a geographical area, enabling businesses to send targeted messages or ads to mobile devices within that region.

Relationship Marketing

A strategy focused on building long-term relationships with customers rather than focusing solely on individual sales.

Data Mining

The practice of examining large databases in order to generate new information or find hidden patterns and insights.

Segmentation Analysis

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors.