The form of business organization that accounts for almost 83 percent of all sales revenues in the United States is the _____.
A) sole proprietorship
B) partnership
C) corporation
D) joint venture
E) syndicate

Question

Quizplus · Accepted Answer

According to the question, the form of business organization that accounts for almost 83 percent of all sales revenues in the United States is being asked. The most plausible answer is the corporation because it is the largest and most complex form of business organization, with many large corporations accounting for a significant percentage of total sales revenues in the United States. Additionally, corporations often have many shareholders who own a small percentage of the company, allowing for broad participation in business ownership and investment. Sole proprietorships and partnerships are common but typically do not generate as much revenue as corporations, while joint ventures and syndicates are less common types of business organization.

The Form of Business Organization That Accounts for Almost 83