Corporate structures showing the relationships among people


1. Growing birthrates among the post–baby boom generations, which account for larger percentages of new entrants into the labor force, have changed the average age of U.S. workers. True or false

2. Profits are Generally highest in the growth stage of the product life cycle; True or False?

3. Which of these statements about management and control of business organizations is not correct? (Assume that any default provisions of the RCW apply.)

A. A limited partnership is managed by the general partner(s), or those having a "general partnership" role.

B. A for-profit (“C”) corporation is managed by its shareholders.

C. A sole proprietorship is managed by the sole proprietor.

D. A limited liability company is managed by its members, or by managers appointed by the members, or by a board, under legislation effective this year.

4. Corporate structures showing the relationships among people are visually demonstrated through the use of an organization

chart.

matrix.

network.

benchmark.

roadmap.

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Operation Management: Corporate structures showing the relationships among people
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