Amoud University

Faculty: Business
Department: BBIT
QUiz

Name: ............................................................................................................................ ID: ..........

Part One: Answer the following question

1. Explain the business?

2. Describe the nonprofit organization?
3. What is the profit?
4. Define sole Proprietorship? Partnership? Corporation?
5. Tell advantage and disadvantage of sole proprietorship?
6. List articles of partnership?
7. Define stock and dividends?
8. List advantage and dis advantage of partnership?
9. Tell one way to minimize and maximize advantage and disadvantage of sole pro?
10. Tell types of partnership and explain each of them?
11. Tell how taxation affects the business?
12. How earned of profits?
13. Explain decision making?
14. What you need to become successfull?
15. What do you understand this course?

Part Two : circle the following answer

1. Money corporation are typically owned by

A. Individuals
B. Peoples
c. organization

2. Profit of corporation that are distributed in the form of

A. Cash
B. Dollar
C. Card

3. shares of corporation that are may be?

B. Bought or sold
C. Loss or profit
D. Gain or loss

Bussines IT | Prep by: Rahma Aden

4. Corporation owned and oerated by the?

A. Government
B. People
C. Employee

5. Individuals employee tries to earn?

A. Profit
B. Product
C. Goods

6. Most people associate the word product with?

A. Tangible
B. Intangible
C. Service

7. Advantage of partnership such as?

A. Unlimited liability
B. Business responsibility
C. Regulatory controls

8. To earn a profit person or organization need?

A. Advertising
B. Management skill to plan build trust
C. None

Bussines IT | Prep by: Rahma Aden