Entrepreneurship is the ability and willingness to start, operate and assume the risk of a business venture in the hope that you will make a profit.
Responda
True
False
Questão 2
Questão
A sole trader is an unincorporated structure of a business ownership which has more than 2 and less than 50 partners.
Responda
True
False
Questão 3
Questão
A partnership business structure can have up to 400 shareholders.
Responda
True
False
Questão 4
Questão
Buying a Franchise means buying the rights from another business, to distribute its products under its name.
Responda
True
False
Questão 5
Questão
A complimentary business offers products or services that are different to yours but are aimed at the same customers in a shopping precinct such as a shopping strip or centre.
Responda
True
False
Questão 6
Questão
An accountant will provide interest free loans and free advice on financial services at your bank.
Responda
True
False
Questão 7
Questão
A solicitor can provide information on business formation and structure, registration, contracts, leases and more.
Responda
True
False
Questão 8
Questão
Business enterprise centres (BEC), Chamber of Commerce and local government are all sources of legal and business management advice.
Responda
True
False
Questão 9
Questão
One of the following are forms of business ownership:
Responda
sole trader, partnership, company
accountant, engineer, company
incorporated, partnership, large business
shopping centre, home based, online
Questão 10
Questão
Which choice best describes market research?
Responda
identify who, what and where
Identify information, gather, analyse and interpret
market, competitors, product, service
none of the above
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