Bill, a local inventor, developed a diet pill that he believes will solve the obesity problem in the
United States. Bill wants to create a new company, 50% owned by Bill and 50% owned by a major
drug company.
Although he believes the pills are safe, Bill is concerned about liability if someone
becomes sick or dies. The best form of business organization for the new company is
A) limited liability company with Bill and the drug company owning equal shares.
B) general partnership with Bill and the drug company as equal partners.
C) sole proprietorship with Bill as owner and the drug company as creditor.
D) S-type corporation with Bill and the drug company owning equal shares.
A
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______ is discretionary and voluntary behavior that is not a part of the employee’s specific role requirements and is not formally rewarded.
What will be an ideal response?
A recommended first step for identifying the KSAs for a hospitality role is ______.
a. analyze job descriptions for similar roles in other companies b. survey current employees c. study the best performers in that role d. determine most needed skills
Give an example of a directive behavior and an example of a supportive behavior.
What will be an ideal response?
Which of the following is NOT an example of an account service fee?
a. certified check fee b. fee for returned checks c. financing fee