Famous Companies Founders

What is the main intention of a Consumer's Cooperative?

Allocate commodities to members and nonmembers

Which type of cooperative engages in medical and dental care services?

Service Cooperative

What is the chief purpose of a Financial Service Cooperative?

Engage in savings and credit services

Which type of cooperative is organized by farmers with the majority being agrarian reform beneficiaries?

Agrarian Reform Cooperative Signup and view all the answers

What is the primary intention of an Educational Cooperative?

Own and operate licensed educational institutions Signup and view all the answers

Which type of cooperative combines two or more business activities of different types of cooperatives?

Multipurpose Cooperative Signup and view all the answers

What defines a partnership in terms of business ownership?

Unlimited liability for debts Signup and view all the answers

What is a characteristic of a partnership agreement?

Specifies how profits are shared Signup and view all the answers

What distinguishes a general partnership from a limited partnership?

Unrestricted liabilities Signup and view all the answers

In a general partnership, how do partners share the liabilities?

Equally Signup and view all the answers

What is one of the key aspects that partners need to decide upfront in a partnership according to the text?

How to split profits Signup and view all the answers

What is an essential requirement when forming a partnership based on the provided text?

Registered juridical entity with SEC Signup and view all the answers

Who are the founders of Warner Bros.?

Sam, Jack, Albert, and Harry Warner Signup and view all the answers

Which company is famous for crafting the iconic Chanel No. 5 perfume?

Parfums Chanel Signup and view all the answers

Who introduced laser jet printers, touch screens, and personal computers?

Hewlett and David Packard Signup and view all the answers

Which company is known for combining commerce and social conscience in their ice cream?

Ben & Jerry's Homemade Signup and view all the answers

Which company is considered the world's number one search engine?

Google Signup and view all the answers

What type of liability do the owners of a corporation have?

Limited liability Signup and view all the answers

What is a disadvantage of setting up a partnership?

Partners are jointly and individually liable for actions of other partners Signup and view all the answers

What is a key advantage of setting up a partnership?

Partners have limited liability Signup and view all the answers

Why might prospective employees be attracted to a partnership business?

To benefit from partners' complementary skills Signup and view all the answers

What happens to a partnership when a partner passes away?

The partnership continues with the remaining partners Signup and view all the answers

How does a partnership benefit from having more than one owner?

Increased ability to raise funds Signup and view all the answers

Why might disagreements arise in a partnership?

Decisions in the business are shared among partners Signup and view all the answers

Which type of business provides intangible products like professional skills and expertise?

Law firms Signup and view all the answers

Which type of business buys products at wholesale price and sells them at retail price?

Merchandising businesses Signup and view all the answers

Which business is most likely to be involved in the immediate restoration of electricity after a calamity?

Meralco Signup and view all the answers

In which type of business is there a transformation of the products purchased to create a new product?

Manufacturing businesses Signup and view all the answers

Which business type focuses on selling products without changing their form?

Convenience stores Signup and view all the answers

Which type of business offers products with no physical form, such as professional skills?

Accounting firms Signup and view all the answers

Famous Companies Founders

Questions and Answers

What is the main intention of a Consumer's Cooperative?

Which type of cooperative engages in medical and dental care services?

What is the chief purpose of a Financial Service Cooperative?

Which type of cooperative is organized by farmers with the majority being agrarian reform beneficiaries?

What is the primary intention of an Educational Cooperative?

Which type of cooperative combines two or more business activities of different types of cooperatives?

What defines a partnership in terms of business ownership?

What is a characteristic of a partnership agreement?

What distinguishes a general partnership from a limited partnership?

In a general partnership, how do partners share the liabilities?

What is one of the key aspects that partners need to decide upfront in a partnership according to the text?

What is an essential requirement when forming a partnership based on the provided text?

Who are the founders of Warner Bros.?

Which company is famous for crafting the iconic Chanel No. 5 perfume?

Who introduced laser jet printers, touch screens, and personal computers?

Which company is known for combining commerce and social conscience in their ice cream?

Which company is considered the world's number one search engine?

What type of liability do the owners of a corporation have?

What is a disadvantage of setting up a partnership?

What is a key advantage of setting up a partnership?

Why might prospective employees be attracted to a partnership business?

What happens to a partnership when a partner passes away?

How does a partnership benefit from having more than one owner?

Why might disagreements arise in a partnership?

Which type of business provides intangible products like professional skills and expertise?

Which type of business buys products at wholesale price and sells them at retail price?

Which business is most likely to be involved in the immediate restoration of electricity after a calamity?

In which type of business is there a transformation of the products purchased to create a new product?

Which business type focuses on selling products without changing their form?

Which type of business offers products with no physical form, such as professional skills?

More Quizzes Like This

IKEA Quiz: Test Your Furniture Knowledge with Flashcards

Tech Titans Quote Match

Steve Jobs Quiz: Test Your Knowledge of the Apple Co-Founder

Founder and Tagline Quiz: Gillette and Levi Strauss & Co.

Upgrade to continue

Famous Companies Founders

Questions and Answers

What is the main intention of a Consumer's Cooperative?

Which type of cooperative engages in medical and dental care services?

What is the chief purpose of a Financial Service Cooperative?

Which type of cooperative is organized by farmers with the majority being agrarian reform beneficiaries?

What is the primary intention of an Educational Cooperative?

Which type of cooperative combines two or more business activities of different types of cooperatives?

What defines a partnership in terms of business ownership?

What is a characteristic of a partnership agreement?

What distinguishes a general partnership from a limited partnership?

In a general partnership, how do partners share the liabilities?

What is one of the key aspects that partners need to decide upfront in a partnership according to the text?

What is an essential requirement when forming a partnership based on the provided text?

Who are the founders of Warner Bros.?

Which company is famous for crafting the iconic Chanel No. 5 perfume?

Who introduced laser jet printers, touch screens, and personal computers?

Which company is known for combining commerce and social conscience in their ice cream?

Which company is considered the world's number one search engine?

What type of liability do the owners of a corporation have?

What is a disadvantage of setting up a partnership?

What is a key advantage of setting up a partnership?

Why might prospective employees be attracted to a partnership business?

What happens to a partnership when a partner passes away?

How does a partnership benefit from having more than one owner?

Why might disagreements arise in a partnership?

Which type of business provides intangible products like professional skills and expertise?

Which type of business buys products at wholesale price and sells them at retail price?

Which business is most likely to be involved in the immediate restoration of electricity after a calamity?

In which type of business is there a transformation of the products purchased to create a new product?

Which business type focuses on selling products without changing their form?

Which type of business offers products with no physical form, such as professional skills?

More Quizzes Like This

IKEA Quiz: Test Your Furniture Knowledge with Flashcards

Tech Titans Quote Match

Steve Jobs Quiz: Test Your Knowledge of the Apple Co-Founder

Founder and Tagline Quiz: Gillette and Levi Strauss &amp; Co.

Founder and Tagline Quiz: Gillette and Levi Strauss & Co.