The Primary Reason Entrepreneurs Choose to Incorporate Is Because Of

question 60

Multiple Choice

The primary reason entrepreneurs choose to incorporate is because of:

• A)the corporation's ability to attract capital.
• B)the need to attract top quality management talent to grow the business.
• C)the lower tax rates inherent in the corporate form of ownership.
• D)the limited liability of stockholders.

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Definitions:

Qualified Individuals

Persons who possess the necessary skills, experience, and credentials to perform a specific job or task.

Information Systems

Comprise the study and use of systems for storing, retrieving, and sending information, and often focus on computer technology within an organizational context.

High-Performance Work System

An approach to organizational management that aims to improve employee performance and organizational outcomes through a variety of practices and policies.

Organizations

Structured groups of people with a particular purpose, such as businesses, governments, non-profits, and clubs.