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stepladder [879]
3 years ago
8

In a limited partnership, the general partners should encourage the limited partners to take a more active role in the operation

s of the business. After all, the limited partner has comparable liability in the business, even though he/she may not be a partner for as long a period of time as the general partners.
True or False?
Business
1 answer:
Lemur [1.5K]3 years ago
7 0

Answer: False

Explanation:

A limited partnership is a form business partnership formed by at least one general partner and at least one limited partner(also known as the silent partner).

The general partner is responsible for the supervision of the daily operations in the business and also personally bears the liability of the business: while the limited partner only role in the business is to support the business with capital and shares in the business profit but doesn't personally carry the burden of the business liability.

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The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called
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The question is incomplete:

The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:

a. Ethnocentric staffing policy

b. Polycentric staffing policy

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Answer:

Geocentric

Explanation:

-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.

-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.

-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.

According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.

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