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- 1. Multiple Choice
What is a company?
A company is a legal entity established by a Person or a group of persons engaged in business enterprise.
Companionship
- 2. Multiple Choice
This is a business owned and run by someone for their own benefit. Name the Business type.
Private Limited Company
Limited Liability Company
Partnership
Sole Proprietorship
- 3. Multiple Choice
Formal agreement between the partners are made in this form of Business. Name the Business Type.
Private Limited Company
Partnership
Sole Proprietorship
Limited Liability Company
- 4. Multiple Choice
It is a hybrid structure that allows owners to limit their personal liabilities. Name the type of Business.
Sole Proprietorship
Partnership
Limited Liability Company
- 5. Multiple Choice
It restricts the number of members, the right to transfer its shares. Name the type of Company.
Public Company
Private Limited Company
- 6. Multiple Choice
Primary decisions are made by the person or persons at the top of the organization. Name the type of Organization Structure.
Centralised Organizational Structure
Decentralised Organizational Structure
- 7. Multiple Choice
Decision-making is done by lower-level management. Name the type of Organizational Structure.
Centralised Organizational Structure
Decentralised Organizational Structure
- 8. Multiple Choice
What are the symptoms of Lack of Organizational structure?
Low productivity
Delayed decision-making
Hiring problems
All of the above
- 9. Multiple Choice
What is the importance of a logo?
Grabs attention
Makes a strong first impression
Separates you from competition
All of the above
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