QUESTION IMAGE
Question
- what form of business organization does this organizational chart depict? a. partnership b. proprietorship c. corporation d. joint venture 32. what type of business does the illustration depict? a. multinational b. sole proprietorship c. diagonal merger d. conglomerate
Brief Explanations
For question 31, corporations have stockholders, a board of directors, and a hierarchical management - structure as shown in the chart. Partnerships involve partners, proprietorships are owned by a single individual, and joint ventures are temporary collaborations.
For question 32, a conglomerate is a corporation that consists of a number of different, unrelated businesses. The illustration shows QRS, Inc. involved in office supplies, paint supplies, cosmetics, and snack foods, which are diverse and unrelated product lines.
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- c. corporation
- d. conglomerate