WorksheetsBUSINESS OWNERSHIP
Total questions: 10
Worksheet time: 8mins
What is the most common type of business ownership in Malaysia?
Sole proprietorship
Partnership
Private limited company
Public limited company
How many individuals can form a partnership in Malaysia?
Up to 10
At least 2, no more than 20
A minimum of 5
A maximum of 50
Which factor should NOT be considered when starting a new venture?
Business size
Capital availability
Competitor pricing
Owner's height
Which is an advantage of buying a franchise?
Full creative control
High brand recognition
No fees involved
No training provided
What is the maximum number of owners allowed in a partnership?
5
20
50
Unlimited
What is the typical suffix for a private limited company in Malaysia?
Sdn. Bhd.
LLC
Inc.
Corp.
Which business ownership type offers the most control for the owner?
Partnership
Sole proprietorship
Private limited company
Public limited company
In a public limited company, who typically elects the board of directors?
Government officials
Employees
Shareholders
Customers
Which of the following is a feature of a franchise?
Complete operational independence
Paying royalties to a franchisor
No need to follow brand standards
Full ownership of the brand
What is one of the first decisions an entrepreneur must make?
Business location
Business ownership form
Hiring employees
Business name
