Business Organization- Q2

PArtnership business have ........................or ........................... Partners

• Two or more

• One or group

STELCO and Maldives Road Development Corporation are public sector businesses

• True

• False

The main areas of public services are

undertaken by government corporations.

• True

• False

Two or more person taking risks to do the business is called sole proprietorship

• True

• False

A multinational company is an organization which owns and

controls businesses in other countries other than the country

of incorporation.

• True

• False

Multi-national companies are also known as

Joint ventures.

• True

• False

Producer cooperatives are formed in

order to ease their processes and to market their products.

• True

• False

There are Six main types of cooperatives

• True

• False

Private sector businesses are those businesses that are run

by individuals other than the government institutions and

which the government has no operational control.

• True

• False

To form a company, the goals and objectives of the

government need to be identified.

• True

• False