Mgt211(m.a-r.s)

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Conversion of raw material into finished goods is the example of_____________ A.Industry B.Commerce C.Foreign trade D.Finance Fishing and poultry is an example of _______ A.Genetic industry B.Extractive industry C.Constructive industry D.Manufacturing industry Roads and buildings are examples of _______ A.Genetic industry B.Extractive industry C.Constructive industry D.Manufacturing industry The second stage in Evolution of business is__________ A.Industrial revolution B.Marketing Era C.Entrepreneurship D.Globalization Inflation rate is included in__________ A.Economic factors B.Legal factors C.Demographic factors D.Technological factors Which of the following is excluded from factors that can affect the business? A.Demographic Factors B.Economic and social factors C.Natural factors D.None of the given options Which of the following would generally have unlimited liability? A.A limited partner in a partnership B.A shareholder in a corporation C.The owner of a sole proprietorship D.A member in a limited liability company. Which of the following statements is correct for a sole proprietorship? A.The sole proprietor has limited liability. B.The sole proprietor can easily dispose of their ownership position relative to a shareholder in a corporation. C.The sole proprietorship can be created more quickly than a corporation. D.The owner of a sole proprietorship faces double taxation unlike the partners in a partnership.

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The formation of ___________does not requires any legal formality like registration. A.Company B.Cooperative society C.Partnership D.Sole proprietorship The limited partners in a limited partnership: A.Are not taxed as if the partnership was a general partnership. B.Have limited liability C.Must be involved in the day to day management of the firm D.None of the given options The formation of __________does not requires any legal formality like registration. A.Company B.Cooperative society C.Partnership D.Sole proprietorship