In 2013, what was the second most common business organization type? quizlet

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A private corporation is owned by just one or a few people who are closely involved in managing the business. These people, often a family, own all of the corporation's stock, and no stock is sold to the public. Examples will vary, but Levi Strauss & Co. is a private corporation.

The stock of a public corporation is not held in the hands of a few persons. Instead, its stock may be bought, sold, or traded by anyone. Wal-Mart, IBM, Sears, and ExxonMobil are public corporations.

Quasi-public corporations such as NASA or the U.S. Postal Service are owned and operated by federal, state, or local governments.

Nonprofit corporations are not owned by the government and focus on providing a service rather than earning a profit. The University of Southern California, the American Red Cross, and Greenpeace are examples of such organizations.

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What is the most common form of business organization quizlet?

Sole proprietorships are the most common form of business organization in the United States.

What are the three types of business organizations quizlet?

The three major forms of business organizations are the sole proprietorship, the partnership, and the corporation. The sole proprietorship is a business owned by one individual. The partnership is a business that is owned by two or more persons with the intent to make a profit.

What are the types of business quizlet?

Types of business organization. Sole Proprietorship, Partnership, Corporation, None-profits.

Which two groups of workers are considered part of middle management?

Positions generally considered middle management include:.
Branch managers..
Store managers..
Regional directors..
Department managers..