The limited liability company (LLC) form of business organization is:

A) able to retain limited liability for its owners.
B) a cross between a partnership and a corporation.
C) it is taxed like a partnership.
D) All of the above.


D

Business

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Trina is outgoing, warm, and truly inspirational when she talks about where she wants to lead her division. Her employees seem eager to do anything she asks. Because of her personality and not her position, Trina has ______ power.

A. legitimate B. coercive C. reward D. referent E. expert

Business

Ferdinand runs a pie shop in a busy metropolis. He sells his fresh pies for $7, but it costs him $2.50 to make them. The cooking equipment in his shop cost him $46,000. How many pies does Ferdinand need to sell to make $50,000 annually?

A. 12,645 pies B. 33,000 pies C. 16,000 pies D. 21,333 pies E. 8,500 pies

Business

Example of proof statements include past sales figures, independent research results and testimonials.

Answer the following statement true (T) or false (F)

Business

“Making sure that the needed supplies, equipment, and facilities are available” is which of the following management functions?

a. Guidance b. Managing materials c. Supervision d. Monitoring

Business