Multiple Choice
Business-level strategy addresses which overarching question?
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1. Introduction to Accounting
Business Organization
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Which of the following is NOT one of the considerations when selecting a business structure?
A
Color of the company logo
B
Tax implications
C
Ability to raise capital
D
Personal liability of owners
Verified step by step guidance1
Understand the question: The problem is asking which factor is NOT relevant when selecting a business structure. This requires identifying factors that are typically considered when choosing a business structure and eliminating the irrelevant option.
Review the relevant considerations: Key factors when selecting a business structure include tax implications, the ability to raise capital, and the personal liability of owners. These are critical because they affect the financial and legal aspects of the business.
Analyze the options: Evaluate each option provided in the question. Tax implications, ability to raise capital, and personal liability of owners are all valid considerations when selecting a business structure. However, the color of the company logo is unrelated to the structural or financial aspects of the business.
Identify the irrelevant option: Since the color of the company logo does not impact the financial, legal, or operational aspects of a business structure, it is the correct answer to the question.
Conclude: The correct answer is the option that does not align with the typical considerations for selecting a business structure, which in this case is 'Color of the company logo.'
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