Business organisations

Which one of the following is not a function of an entrepreneur?

• Controlling

• Attracting

• Planning

• Staffing

Which one of the following do shareholders of a co-operative enjoys?

• Unlimited capital

• Limited liability

• Unlimited liability

• Unlimited profits

Which of the following is the owner of a private limited company?

• Stakeholders

• Suppliers

• Shareholders

• Employees

Who provides raw materials and other input to the enterprise?

• Government

• Co-operative

• Entrepreneur

• Supplier

Which one of the following is a product that customer need and will be ready to buy?

• Expensive product

• Marketable product

• Advertised product

• Local product

Which one of the following can be calculated to obtain a saving?

• Spending + Borrowing

• Spending + Income

• Income - Spending

• Spending - Borrowing

Which one of the following documents outlines the laws and regulations to set up a company?

• Memorandum of Association

• Dividend

• Share Certificate

• Company's Act

Which function of an entrepreneur consist of directing employees to achieve the objectives of the enterprise?

• Organising

• Planning

• Leading

• Controlling

Which one of the following does not form part of an Article of Association?

• Name of Directors

• External liabilities or Debts

• Dividend and Profit

• Procedures of General Meeting

Which of the following is required for decision making and to attract potential investors into the enterprise?

• Business Plan

• Share certificate

• Marketable product

• Dividend