Complete the Following Using the Terms Listed Below

question 182

Multiple Choice

Complete the following using the terms listed below.
-A(n) ______ is independently owned and operated, and is responsible for almost 30 percent of the nation's gross domestic product.

• A)sole proprietorship
• B)small business
• C)corporation
• D)merger
• E)acquisition
• F)horizontal merger
• G)conglomerate merger
• H)cooperative
• I)vertical merger
• J)business incubators
• K)business plan
• L)closed corporation
• M)preferred stock
• N)franchising

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Definitions:

Manager

An individual responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, department, or an organization.

Key Realities

Fundamental truths or facts that are crucial for understanding or addressing specific situations, issues, or contexts within an organization or discipline.

Small Business

An enterprise characterized by smaller staff numbers and lower revenue compared to larger corporations, often privately owned and operated.

Entrepreneurship Career Options

The various pathways and opportunities available for individuals pursuing careers in creating, managing, and developing new businesses or ventures.