A Proprietorship Is Created By

question 82

Multiple Choice

A proprietorship is created by:

• A) electing a board of directors.
• B) obtaining a state charter.
• C) issuing shares of stock.
• D) one individual deciding to start a business.

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Definitions:

Internal Human Capital

The knowledge, skills, and abilities that employees possess, which are utilized and valued within their current organization.

HR Policies

Guidelines and structured plans created by an organization to manage its human resources and provide fair treatment to employees.

Multinational Strategy

A strategic framework employed by corporations that operate in multiple countries, focusing on global operations, localization, and international competition.

Geographical Area

The specific physical locations or regions in which an organization operates or targets as part of its business activities.