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1. (1)What are the four principles to design an efficient and effective origination? (2) What are the differences between line activities and staff activities? (3)

1. (1)What are the four principles to design an efficient and effective origination? (2) What are the differences between line activities and staff activities? (3) Discuss the advantages and disadvantages of centralized versus decentralized decision making and under what kind of situation to choose one of them. Detailed information and discussion is necessary. (1.5 point) Q2. What are the advantages and disadvantages of Corporation? Detailed information and discussion is necessary. (0.5 point) Q3. Based on the definition, compare three types of Partnership (General Partnership, Limited Liability Partnership and Registered Limited Liability Partnership and find their major ditterences. Detalled information and discussion is necessary. (0.5 point)

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