Three members of Santiago's family work at BioTechno,a multi-national drug manufacturer.Each of them owns 5% shares of the company respectively.In fact,most of the employees of BioTechno,like Santiago and his family members,are stockholders of the company.BioTechno can be regarded as a _____.
A)sole proprietorship
B)employee-owned corporation
C)family-owned business
D)partnership

Question

Quizplus · Accepted Answer

BioTechno is an employee-owned corporation because most of its employees, including Santiago and his family members, are stockholders of the company. This means that the employees own shares in the company, which is characteristic of an employee-owned corporation.

Three Members of Santiago's Family Work at BioTechno,a Multi-National Drug