Myers-Briggs Personality Quiz

Which personality type is often energized by social interaction?

• Introvert

• Extrovert

• Judging

• Thinking

What does the "I" in the Myers-Briggs Personality Codes represent?

• Introvert

• Intuitive

• Innovative

• Intelligent

What does the "P" in the Myers-Briggs Personality Codes represent?

• Perceiving

• Planning

• Practical

• Proactive

In which business structure is the number of owners restricted?

• Proprietorships

• Partnerships

• Corporations

• S Corporations

Which business structure requires a Board of Directors?

• Proprietorships

• Partnerships

• S Corporations

• Limited Liability Companies (LLC)

Which business structure has low formation costs?

• Corporations

• S Corporations

• Limited Liability Companies (LLC)

• Cooperatives

What is a disadvantage of a sole proprietorship regarding personal assets?

• Personal assets are at risk

• Limited liability for shareholders

• More regulations and oversights

• Double taxation on corporate profit

What is a disadvantage of a partnership in terms of earnings?

• Reduced individual earnings

• All profit goes to owner

• Limited liability for shareholders

• Unaffected by transfer ownership

What is an advantage of an S Corporation?

• High formation cost

• Restricted to 100 shareholders

• Limited liability for owners

• Decision-making can be slow

In which stage of team development do members suggest ideas to complete tasks and experience conflicts?

• Forming

• Storming

• Norming

• Adjourning