David Has Decided to Open an Auto-Detailing Business

question 67

Multiple Choice

David has decided to open an auto-detailing business.He will pick up an automobile from the client,take it to his parents' garage,detail it,and return it to the client.If he does all of the work himself and takes no legal steps to form a special organization,which type of business organization,in effect,has he chosen?

• A) Limited liability company
• B) Partnership
• C) Corporation
• D) Proprietorship

Recognize the role of intrinsic and extrinsic motivation in enhancing employee retention and productivity.

Distinguish between various human capital strategies and their contributions to revenue growth.

Grasp the significance of providing clear expectations and resources for job performance.

Learn the importance of recognizing and nurturing employees' strengths and contributions.

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Definitions:

Identity Moratorium

A stage in Erik Erikson’s theory of psychosocial development where individuals are exploring various commitments and are yet to make clear choices about aspects of their identity.

Explored

Investigated or examined for the purpose of discovery and learning more about a subject.

Future

The time or period that is to come which has not occurred yet.

Intimacy or Isolation

A stage in Erik Erikson's psychosocial development theory focusing on young adults' ability to form close relationships versus experiencing loneliness and isolation.