Business is one and the same as the owner b. a. Characteristics of a Partnership Partnership Accounting Corporations Accounting for Stock Transactions Dividends Stock Splits The Balance Sheet: Stockholders' Equity Income Statement Characteristics of a Corporation a. a mood b. an ability c. a trait d. a behavior 8. A virtual organization is a temporary or permanent collection of geographically dispersed individuals, groups, organizational units, or entire organizations that depend on electronic linking in order to complete the production process (working definition). 1 Answer to Which of the following characteristics best describes a corporation? Starting a business is a big commitment of time, resources, and money. 0 0 1 Answer Who doesn't love being #1? A single person cannot constitute a company. Equal to the business’ liabilities less the business’ assets B. In a corporation where compute utilization spikes several times a year, the Chief Information Officer (CIO) has requested a cost-effective architecture to handle the variable capacity demand. Which of the following statements describes the same characteristics for both an S corporation and a C corporation? An advantage of the corporation is the separation between the owners of the corporation (the stockholders) and the managers of the corporation. ScalabilityC . Mutual agency B. A. Which of the following best describes owner’s equity? Mahatma Gandhi was a laissez-faire leader who believed that people work best when they are not told what to do but encouraged to work on their own. Both corporations can have more than 100 shareholders. Secondary group is a large group in which a large number of persons come into indirect contact with one another. A specific component of personality that describes particular tendencies a person has to feel, think, and act in a certain way is _____. Which of the following statements about Which organization type is best … Be the first to … This seasonal behavior is best described as which of the following? If something is a characteristic of someone or something, it is a feature you would expect. This seasonal behavior is best described as Animal Survival. While a minimum of seven persons are required to […] ADVERTISEMENTS: Some of the most important characteristics of a company are as follows: 1. Each bond has a certain par value (say, $1,000) and pays a coupon to investors. Most new businesses start out as sole proprietorships. are the bright examples of secondary groups. Express card 34 and Express card 54), which of the following BEST describes what the numbers indicate? A characteristic of classical-style architecture is large stone columns. At least two persons must join hands to form a private company. A general partnership must consist of two or more individuals or entities, including another partnership or corporation. A business with a single owner b. Choosing from all the different business structures-- LLC, partnership, sole proprietorship, or corporation -- for your business can be difficult and will depend on your preferences and the type of your business. Perhaps more than or equal to considerations such as a business plan, identification of measurable objectives, location, and name, how the business is structured is of utmost importance. B. Max Weber was attempting to It works best for the creative teams having self-motivated and experienced individuals who don’t require that level of supervision and invigilance. Which of the following characteristics best describes a corporation? B. Sara, the attacker, overwhelms a A. The 5 Main Characteristics of Proprietorship. If the entrepreneur individually unable to take up the business because of shortcomings attached to sole proprietor form of business, he may go for partnership form of business nose characteristics or essential features (b Question: Which of the following characteristics best describes a corporation? High availabilityD . Redundancy View Answer Answer: A Anyone who has ever contemplated setting up a business was likely overwhelmed by the vast number of decisions such a venture demands. Which of the following best states the impetus for the development of a bureaucratic organisation? Asked by Wiki User Be the first to answer! A business with a single owner b. B. Limited liability of owners for business matters is the primary benefit that is available under other business structures, but it is not characteristic of a general partnership. When establishing a “business entity”, […] A board of investors C. Limited liability of Voluntary Association: A company is a voluntary association of two or more persons. A. a. (a) Shared control, tax advantages, increased skills and resources. The owner’s interest or worth in the business C. What the owner owes the business D. What the business owes a. What characteristics best describes a corporation? Weegy: Some animals that live in the desert don't move often, if at all, during the day in order to conserve water and energy. Both corporations have the disadvantage of double Is not taxed c. Stockholders not personally liable for entity’s debts d. Not a separate taxable Such improvement focuses on Facebook’s mission and vision statements . 22. The basic characteristics of a general partnership include group ownership, personal liability, decentralized management and pass-through federal income taxation. Is not taxed c. Stockholders not personally liable for entity’s debts d. … A characteristic of poodles is their pom-pom like tails. Learn more about business structures such as LLCs, partnerships, sole proprietorships, or corporations and other legal topics for small businesses and individuals at FindLaw.com. a. This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. support@hwmojo.comMGT 500 Week 11 Fi… Which of the following set of characteristics accurately describes the phylum cnidaria A. radial symmetry with only two germ layers and one digestive openingB. ). It is often taxed differently than a foreign corporation, and may be required to … The Sintar Corporation has just announced that it will pay $1.10 per share in dividends to its stockholders in the current quarter. As a new business owner, you have choices to make, including picking a legal structure for your enterprise. To comply with the regulations of the b. Before deciding on the type of business to form, it is important to weigh all of the pros and cons of each business structure. The announcement indicates which of the following? In reference to express card types ( e.g. Domestic Corporation: A domestic corporation is a company that conducts its affairs in its home country. Which of the following best describes why publicly traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? MGT 500 Final Exam Solution Week 11 – Perfect ScoreFollow the link below to purchase solution us if you need help with assignments, quizzes, exams and problems. Answer to 10. 1) Match each of the following forms of business organization with a set of characteristics: sole proprietorship (SP), partnership (P), corporation (C). The prior quarter’s dividend was $1.00 per share. asked Jun 15, 2016 in Business by Balaban A) … Which of the following characteristics best describes a corporation? Money from one country is … Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market. Which of the following best describes a sole proprietorship? Sometimes these groups are called, Special Interest Groups., City, nation, political party, trade union etc. A. Sara, the attacker, attempts to have the receiving server run a payload using programming commonly found on web servers. ElasticityB . Size of … If a corporation sells stock or has a membership, there are many other rules that apply. Which of the following BEST describes a denial of service attack? Facebook Inc. describes its corporate culture as a hacker culture, which pushes employees to strive for improvement. A government, corporation, or other entity that needs to raise cash will borrow money in the public market and subsequently pay interest on that loan to investors. Which of the following characteristics BEST describes what the CIO has requested?A . Which of the following characteristics BEST The company applies its organizational culture as a tool for supporting business resilience and competitiveness. 1. 3 Which of the following characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation? A. In a corporation where compute utilization spikes several times a year, the Chief Information Officer (CIO) has requested a cost-effective architecture to handle the variable capacity demand. Business is an unincorporated hybrid entity with traits of a corporation and a general partnership c. Business is an Which of the following statements BEST describes the distinction between a not-for-profit corporation and a for-profit corporation? a. A business with a single owner b. A. Max Weber was interested in formulating exact rules of behaviour for German managers. Corporations have the receiving server run a payload using programming commonly found web... 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