Types of Business Organization

An organization is a group of people formed and structured in a certain way to achieve goals.

• TRUE

• FALSE

Which form of business organization is commonly used by professional firms in the field of accounting, law, and architecture?

• Partnership

• Sole Trader

• Corporation

      Small businesses have fewer than ____employees.

• 100

• 500

• 1000

• 2000

Mid-size businesses have between ___ and ___ employees.

• 100 AND 500

• 800 AND 1000

• 10K AND 5K

• 1K AND 2K

    Large businesses have more than ___ employees.

• 500

• 50

• 70

• 100

A startup is a newly formed organization with _____ operational history.

• LIMITED

• LARGE

I HAVE OPERATIONS IN MULTIPLE COUNTRIES WHO AM I?

• MULTINATIONAL CORPORATION

• A START UP

• A SMALL BUSINESS

• A MID-SIZE BUSINESS