Which Type of Business Organization Is the Best for Attracting

question 100

Multiple Choice

Which type of business organization is the best for attracting new equity capital?

• A)Sole proprietorship
• B)Limited liability corporation
• C)General partnership
• D)A public corporation

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Definitions:

Human Resource Planning

The process of forecasting an organization's future human resource requirements and devising strategies to meet those needs, including staffing and development.

Human Resources

A business department focused on managing employee-related processes such as hiring, training, performance appraisal, and benefits administration.

Mission Statement

A statement outlining the purpose and long-term objectives of the organization.

Human Resource Accounting

A method of measuring the cost and value of people in an organization, aiming to report the financial implications of employing human capital.