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Questions and Answers
What is the primary purpose of an organization?
What is the primary purpose of an organization?
- To make a profit
- To achieve personal goals
- To join together and accomplish common objectives (correct)
- To maintain legal and tax requirements
Which of the following is NOT a typical legal procedure followed by an organization?
Which of the following is NOT a typical legal procedure followed by an organization?
- Hiring a CEO (correct)
- Tax identification
- Maintaining corporate book records
- Business registration
What is the primary difference between a founder and a leader of an organization?
What is the primary difference between a founder and a leader of an organization?
- Leaders are responsible for legal procedures, while founders lead the group
- Founders are paid more than leaders
- Founders start the organization, while leaders guide and make decisions (correct)
- Founders have more authority than leaders
Which of the following is NOT a common term used to refer to an organization?
Which of the following is NOT a common term used to refer to an organization?
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What is the primary responsibility of the leader in an organization?
What is the primary responsibility of the leader in an organization?
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