Match the Characteristic of the Company with the Description of the Type

question 51

Short Answer

Match the characteristic of the company with the description of the type of company.
A.Partnership.
B.Publicly traded corporation.
C.Privately traded corporation.
_____ 1.Issues shares of stock that are traded on a stock exchange such as the TSX.
_____ 2.Owners are personally liable for the debts of the company.
_____ 3.Shares of stock must be purchased directly from current owners.
_____ 4.Can raise more financial capital by selling stock to the greatest number of investors.

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Definitions:

Tactical Plans

Short-term, specific plans that are designed to implement the strategies and objectives set by an organization.

Planning Process

A series of steps that include setting goals, developing strategies, and outlining tasks and schedules to achieve those goals.

Steps

A series of actions or stages taken in order to achieve a particular end.