3 Questions
What is the definition of a company?
A business organization that sells goods or services
What best describes the concept of a company?
A legal entity formed to conduct business
What distinguishes a company from other types of organizations?
Profit-making motive
This quiz explores the concept of a company, defining its characteristics and distinguishing it from other types of organizations. Test your understanding of what constitutes a company and how it operates within the business world.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free