Which of the following is not a structure firms take?
A)the owner- managed firm
B)the publicly held firm
C)the hierarchy
D)the partnership

Question

Quizplus · Accepted Answer

The hierarchy is not a structure firms take, but rather a way of organizing authority within a structure. The other choices are all structures that firms may take: A) the owner-managed firm is one in which the owner is also the manager, B) the publicly held firm is one in which ownership is spread among many shareholders, and D) the partnership is a structure in which two or more people co-own and manage a business.

Which of the Following Is Not a Structure Firms Take