Of the three common forms of ownership, a corporation can respond to changes in market conditions more rapidly than others can.

Name: Of the three common forms of ownership, a corporation can respond to changes in market conditions more rapidly than others can.
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Question

Quizplus · Accepted Answer

Corporations, due to their size, regulatory requirements, and layers of management, often respond to market changes more slowly compared to sole proprietorships and partnerships, which can be more flexible and agile.

Of the Three Common Forms of Ownership, a Corporation Can