112k views
2 votes
Private corporations range from small one-owner corporations to large multinational corporations such as Microsoft Corporation.

a) True
b) False

User Nikl
by
7.6k points

1 Answer

3 votes

Final answer:

Yes, private corporations range from small owner-operated businesses to large multinational entities like Microsoft. This includes sole proprietorships, partnerships, and large private corporations without publicly issued stock such as Cargill and Mars. The correct option is a) True

Step-by-step explanation:

The statement that private corporations range from small one-owner corporations to large multinational corporations such as Microsoft Corporation is indeed true.

Private enterprises come in various sizes and forms, including sole proprietorships, where an individual owns and operates the business, and partnerships, where a group jointly runs the business.

Additionally, there are private corporations that are owned by private individuals or entities and have no publicly issued stock.

While it is common to associate corporations with large entities like Microsoft, many corporations are modest in size. Examples of large private corporations without publicly issued stock include Cargill, the Mars candy company, and the Bechtel engineering and construction firm. The correct option is a) True

User Pattmatt
by
7.7k points