Which Form of Business Organization Accounts for the Largest Proportion

question 31

Multiple Choice

Which form of business organization accounts for the largest proportion of business sales in the United States?

• A)Sole proprietorship
• B)Partnership
• C)Corporation
• D)Nonprofit organization
• E)Conglomerate

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Definitions:

Heuristics

Shortcut strategies or guidelines that suggest a solution to a problem but do not guarantee an answer.

Prototyping

The process of creating an early model or sample of a product to test concepts or feasibility before full-scale production.

Subgoaling

Breaking down a main goal into smaller, more manageable objectives as a means to facilitate achievement.

Cram

The practice of intensely absorbing a large amount of information in a short period of time, often used in the context of studying.