A Corporation Is a Business That Is Legally Separate and Distinct

question 42

True/False

A corporation is a business that is legally separate and distinct from its owners.

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Definitions:

Organizational Support Theory

A theory that states that employees who have strong perceptions of organizational support feel an obligation to care about the organization’s welfare and to help the organization achieve its objectives.

Perceived Organizational Support

Indicates the extent to which employees believe their organization values their contributions and cares about their well-being.

Trust Perceptions

Individuals’ beliefs in the reliability, truth, ability, or strength of someone or something within an organizational context.

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals effectively and efficiently.