Generating Creative Alternatives to Solve Problems May Require Managers to Abandon

question 58

True/False

Generating creative alternatives to solve problems may require managers to abandon their existing mind-sets.

---

Definitions:

Corporation

A corporation is a legal entity that is separate from its owners, offering limited liability to its shareholders and having the ability to own property, sue, and be sued.

Professional Corporation

A business entity formed by lawyers, doctors, accountants, and other professionals, offering certain tax and legal advantages.

Sole Proprietorship

A type of business ownership where a single individual owns, manages, and is responsible for all aspects of the business.

Partnership

An association of two or more persons to carry on as co-owners a business for profit.