Which Statement Best Describes a Private Enterprise

question 34

Multiple Choice

Which statement best describes a private enterprise?

• A)Any entity that is not a publicly accountable enterprise.
• B)Any for-profit organization that is not a publicly accountable enterprise.
• C)An entity that holds assets in a legal capacity for a broad group of outsiders as one of its primary businesses.
• D)Any entity, excluding a not-for-profit organization.

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Definitions:

Inverted Pyramid

A writing style that presents the most important information first, followed by supporting details, commonly used in journalism.

Executive Summary

A concise summary of a business document or report, highlighting its key points, conclusions, and recommendations.

Indirect Approach

A communication or problem-solving strategy that avoids direct confrontation or explicit statement, often utilizing suggestion or implication.

Transitions

Changes or movements from one state or condition to another, often used in writing or speech to connect ideas smoothly.