How do management tasks differ for a general partner and a limited partner?
What will be an ideal response?
In a general partnership, all partners assume shared responsibility for operating the business. A general partner assumes an important share of the management tasks of the business and must make decisions in consultation with the other general partners. A limited partner, on the other hand, invests money in a business but has no management responsibility or liability for losses beyond his or her investment in the partnership.
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Indicate whether the statement is true or false
Self-managing teams have been around since the:
a. Industrial Revolution. b. Great Depression. c. 1960s. d. 1990s.
The use of too little service capacity can result in?
a. Idle servers b. Long customer wait times c. Lost sales d. Long customer wait times and lost sales
Salespeople serve as personal channels of communication when they deliver a selling message or presentation to a buyer or potential customer.
Answer the following statement true (T) or false (F)