Organization Types

Who is an Entrepreneur?

• Is an individual who owns and operates a business, small or large, with the aim of deriving profit from its successful operation

• A person who sets up a business or businesses, taking on financial risks in the hope of profit

• The person who leads or commands a group, organization, or country

• A person responsible for controlling or administering an organization or group of staff

What is a Partnership?

• A commercial enterprise was undertaken jointly by two or more parties that otherwise retain their distinct identities.

• A company controlled by a holding company

• A business that is co-owned by two or more people

• Is a company that has a controlling interest in another company, giving it control of its operations

Limited Liability Company well described as?

• A firm that has all the favorable features of a typical general partnership but also offers limited liability for the partners

• A company that has offered shares of stock to the general public

• A large company or group of companies authorized to act as a single entity and recognized as such in law

• A group of people elected to govern a city, town, or borough.

The best way of discussing "Franchise" of "Franchising"?

• Is a business that can be owned and controlled by an individual, a company, or a limited liability partnership

• Is a company that focuses on dealing with financial transactions, such as investments, loans, and deposits

• Business means the Company's educational materials and learning solutions business, consisting of the following two reportable segments

• An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products

Does every company require Structures?

• YES

• NO

• NONE OF THE ABOVE