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BUSINESS ORGANIZATION QUIZ

Quiz by Dyan Lemi

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10 questions
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  • Q1

    1. Which of the following is described as a collection of people working together to achieve a common purpose in relation to the company vision, mission, and objectives?

         business                                                     

                           

    institution

     business enterprise          

    business organization

    30s
  • Q2

    Which of the following is an economic activity concerned with the production and distribution of goods and services?

    business organization

     institution

    business

    business enterprise      

    30s
  • Q3

     Which of the following is NOT a characteristic of a business organization?

    rigidity

    dynamism   

    risk and uncertainty

    commercial activity                                             

    30s
  • Q4

    Which of the following is a primary motive of a business organization?

    change                                                 

                                             

    profit

     efficiency   

    service

    30s
  • Q5

     Which of the following is a modern form of a business organization?

     matrix/ virtual,/ team

    complex,/virtual/team 

     matrix/ simple/ virtual   

    simple / complex /matrix                                                

    30s
  • Q6

    Which of the following is a traditional form of a business organization?

    simple  

      team

      virtual

    matrix                                            

    30s
  • Q7

    Which of the following form of business organization is arranged based on similarity of work or specialization?

    open or flexible

    divisional  / functional 

     functional

                                               

     simple                                                 

    30s
  • Q8

    Which of the following is a profit business organization owned by one person?

    partnership

    cooperative                                          

    sole proprietorship

    corporation 

    30s
  • Q9

    Which of the following is a profit business organization owned by two or more persons?

    sole proprietorship

    partnership

    corporation                                     

     cooperative                                         

                                             

    30s
  • Q10

    Which of the following profit business organization is the easiest to create given a small capital requirement?

     partnership

    corporation

    cooperative                                       

                                           

    sole proprietorship

    30s

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