The Form of a Business Organization That Is Not Affected

question 4

Multiple Choice

The form of a business organization that is not affected by the withdrawal or death of an owner and can continue forever is

• A) the sole proprietorship.
• B) the partnership.
• C) the corporation.
• D) the nonprofit organization.

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Definitions:

Shared Assumptions

Common beliefs or ideas implicitly accepted by a group or organization that influence its culture and decision-making processes.

Enacted Values

Represent the values and norms that are actually exhibited or converted into employee behavior within an organization.

Corporate Value Statements

Declarations made by a company to express its core principles and ethical standards intended to guide its practices and decisions.

Realistic Job Previews

An employment tool used to provide prospective employees with a truthful understanding of what their job will entail, including both positive and negative aspects.