Which of the following statements about the corporate form of business organization is correct?
A. A corporation has the legal authority to act like a person when conducting business.
B. In the United States, corporations generate a lower percentage of total annual sales than either partnerships or proprietorships.
C. Corporations generally are smaller than either partnerships or proprietorships.
D. One of the most important features of the corporate form of business organization is that stockholders have unlimited liability.
E. Corporations can operate under different degrees of formality, ranging from informal, oral understandings to formal agreements filed with the secretary of the state in which the corporations do business.
Answer: A
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In SEM, the posited relationships between constructs are tested similarly to the way they are tested using:
A) Multiple regression. B) Analysis of Covariance. C) Discriminant analysis. D) Cluster analysis. E) MDS.
Which of the following statements is not true about organizational culture?
a. It represents shared values that define what is important. b. It is much less important in small organizations. c. It represents shared social expectations that define appropriate attitudes and behaviors for organizational member. d. It is important to be aligned with strategy.
Critique the performance review process.
What will be an ideal response?
A(n) ____________________ pay rate schedule is based on production output.
Fill in the blank(s) with the appropriate word(s).