MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS STRUCTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What type of business organization generates the most sales (revenue) per year?
A
Franchises
B
Corporations
C
Partnerships
D
Sole Proprietorship’s
Explanation: 

Detailed explanation-1: -The correct option is : D) Corporation, Explanation: A corporation is a form of business operation. The corporation is the combination of the shareholders, stockholders and individuals to generate profit.

Detailed explanation-2: -The corporation is referred to as a single identity as it is distinguished from the owner. It is the highest sales generating form of business.

Detailed explanation-3: -Corporation. As of the spring of 2019, over 60% of all revenue was earned by this type of business in the US.

Detailed explanation-4: -The answer is corporations. Corporations are business organizations that account for the largest share of total business revenue.

Detailed explanation-5: -Expert-Verified Answer "Corporation” is the form of business organization with the largest sales volume.

There is 1 question to complete.