Podcast
Questions and Answers
Match the type of business enterprise with its description:
Match the type of business enterprise with its description:
Corporations = Authorized by the state to act as a single entity Sole Proprietorships = Businesses owned and operated by a single individual Partnership = Businesses owned and operated by a group of people Job Creation = Process of generating new employment opportunities
Match the term with its definition:
Match the term with its definition:
Economic Growth = Increase in a country's production of goods and services over time Job Creation = Refers to generating new employment opportunities within an economy Strategic Decision-making = Careful planning and making important decisions for a business Profit Generation = Goal of creating commercial entities to make money
Match the benefit of establishing a business enterprise with its description:
Match the benefit of establishing a business enterprise with its description:
Job Creation = Leads to increased demand for workers Economic Growth = Indicator of a nation's prosperity and development Profit Generation = Goal of generating profit or fulfilling a specific purpose Strategic Decision-making = Involves careful planning for business success