Form of Organization Quizzzzzz

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Entrepreneurship

1. _____________ is a collection of people working together to achieve a common


purpose
2. _____________ a collection of people working together to achieve a common
purpose in relation to their organization’s mission, vision, goals and objectives.
3. _____________ is a type of business with only one owner.
4-5. Enumerate 2 examples of your answer in No. 3
6.______________ a legal agreement between two or more entities that determines
shared ownership and operation of a business
7.______________ is a business structure that operates as a separate and distinct legal
entity.
8-10 Enumerate 3 examples of your answer in No. 7
11-12. Enumerate the two types of Sole Proprietorship
13-18. Enumerate at least 6 types of Corporation
19-20. Enumerate the 2 types of Partnership

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