Which type of business accounts for the majority of sales revenue in the United States? Partnership Corporation Proprietorship Business structures in which ovwnership and management are separate, as with corporations, are subject to principal-agent problems. Which of the folloving may help reduce such problems and promote cost efficiency? Check all that apply. O Threat of a takeover O Loyal customers who will buy the firm's products unconditionally Profit-sharing agreements with managers

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Which type of business accounts for the majority of sales revenue in the United States?
Partnership
Corporation
Proprietorship
Business structures in which ovwnership and management are separate, as with corporations, are subject to principal-agent problems. Which of the
folloving may help reduce such problems and promote cost efficiency? Check all that apply.
O Threat of a takeover
O Loyal customers who will buy the firm's products unconditionally
Profit-sharing agreements with managers
Transcribed Image Text:Which type of business accounts for the majority of sales revenue in the United States? Partnership Corporation Proprietorship Business structures in which ovwnership and management are separate, as with corporations, are subject to principal-agent problems. Which of the folloving may help reduce such problems and promote cost efficiency? Check all that apply. O Threat of a takeover O Loyal customers who will buy the firm's products unconditionally Profit-sharing agreements with managers
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