REVISION MIDTERM TECHNO

REVISION MIDTERM TECHNO

University

10 Qs

quiz-placeholder

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REVISION MIDTERM TECHNO

REVISION MIDTERM TECHNO

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Ts. PARAN

Used 3+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Opportunity is defined as a situation that enables an entrepreneur to offer marketable products or services to interested buyers or end users.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first step in the opportunity identification process is to identify the needs and wants of customers.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that operate as sole proprietorships have just one owner.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A public limited company may have an unlimited number of partners or shareholders.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnership companies require a company secretary.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The board of directors has the responsibility to manage a Public Limited Company.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One disadvantage of a Private Limited Company is high taxation.

TRUE

FALSE

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