12) At AgroCorp, each owner has unlimited liability for the debts of the business. It has several business units that focus on many product categories at once which allowed the company to become a leader in category management in the agricultural market. AgroCorp is an example of a A) C corporation. B) limited partnership. C) joint venture. D) general partnership. E) strategic alliance.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter10: Prices, Output, And Strategy: Pure And Monopolistic Competition
Section: Chapter Questions
Problem 9E
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12) At AgroCorp, each owner has unlimited liability for the debts of the business. It has
several business units that focus on many product categories at once which allowed the
company to become a leader in category management in the agricultural market.
AgroCorp is an example of a
A) C corporation.
B) limited partnership.
C) joint venture.
D) general partnership.
E) strategic alliance.
12)
Transcribed Image Text:12) At AgroCorp, each owner has unlimited liability for the debts of the business. It has several business units that focus on many product categories at once which allowed the company to become a leader in category management in the agricultural market. AgroCorp is an example of a A) C corporation. B) limited partnership. C) joint venture. D) general partnership. E) strategic alliance. 12)
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