GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the scott company decided to sell stock to raise capital. under what form of business organization does the company operate?
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cooperative
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sole proprietorship
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corporation
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partnership
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Explanation:
Detailed explanation-1: -Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership? Corporations generally find it easier to raise capital.
Detailed explanation-2: -Which of the following is a characteristic of a product trade-name franchise: The franchisee can choose the name of the business.
Detailed explanation-3: -Which do managers often set in order to control the work effort? Steps of the accounting process. Top-Level Managers-Responsible for the entire organization; conduct strategic planning. Mid-Level Managers-Conduct tactile planning; Spend time doing planning, organizing, and controlling activities.
There is 1 question to complete.