Types of business organization
Authored by Wesley Fung
Social Studies
10th Grade
Used 14+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What organization type should the person use? A guy wants to start ferrying people with his longtail boat
Sole Proprietorship
Partnership
Public Corporation
Private Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What organization type should the person use? The owner's company has hundreds of products and he wants his family to keep control of the company for generations.
Sole Proprietorship
Partnership
Public Corporation
Private Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What organization type should the person use? The entrepreneur wants to take their existing company into a high-risk venture (new product) with a huge burn rate (basically they need to spend a lot of money)
Sole Proprietorship
Partnership
Public Corporation
Private Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What organization type should the person use? A carpenter and a painter decided to start a small home furnishing business.
Sole Proprietorship
Partnership
Public Corporation
Private Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What organization type should the person use? You decided to open a fashion clothing store.
Sole Proprietorship
Partnership
Public Corporation
Private Corporation
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