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Types of Business Quiz

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Test your knowledge of business structures.

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Egypt

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Types of Business Quiz
 

Types of Business QuizOnline version

Test your knowledge of business structures.

by sara khater
1

A Small business is an independently owned business that usually has the owner as its manager.

2

A virtual business or dot-com company is a business that operates on land only.

3

Being the Boss is one of the rewards of Entrepreneurship

4

Doing What You Enjoy is a reason to start a business.

5

Entrepreneurs don't have the joy of developing their own schedule.

6

Entrepreneurs are not rewarded for assuming risk.

7

Getting funds to start the business can be a challenge.

8

Feeling alone and insecure about making the right decisions is a reward.

9

Uncertain income levels and the risk of losing their investment if the business fails is a big challenge.

10

Having the Opportunity to Be Creative is a reward of entrepreneurship.

11

Virtual business makes shopping easier and more efficient for consumers.

12

Small businesses that use the internet have grown more than 45% faster than those who do not.

13

A large business serves a limited geographic area and employs fewer than 500 people.

14

A virtual business or dot-com company is a business that operates on the Internet.

15

Anyone with an internet connection is a potential buyer is considered a disadvantage

16

A partnership involves two or more people sharing profits and liabilities.

17

A franchise is always a nonprofit organization.

18

A corporation is a separate legal entity from its owners.

19

A nonprofit organization reinvests profits to support its mission.

20

A corporation cannot issue stock.

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