In a ________, the company is organized as a group of associates who own shares or units in the company.
A) functional structure
B) professional partnership
C) network
D) franchise

Question

Quizplus · Accepted Answer

A professional partnership is a business organization in which the company is owned by a group of associates who have formed the partnership. Each partner owns a share or unit in the company and has a say in how the company is run. This structure is common in fields such as law, accounting, and consulting.

In a ________, the Company Is Organized as a Group