Measuring Business Size

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FerventSatyr
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25 Questions

What type of institutions provide financial activities, such as banking and insurance?

Financial institutions

What is the main purpose of financial institutions?

Conducting financial activities

What type of institutions provide services such as transportation and postal services?

Service institutions

What is an example of a service institution?

Post office

What type of institutions provide social insurance and guarantee services?

Social insurance institutions

What is the first criterion for classifying business organizations?

Legal criterion

What type of business organization is owned and managed by one person?

Sole proprietorship

What is a characteristic of a partnership?

Unlimited liability

What is the main difference between a joint-stock company and a partnership?

Liability of owners

What type of business organization is characterized by limited liability and joint ownership?

Joint-stock company

According to the nature of ownership, what type of business organization is owned by the state?

Public organization

What is the main goal of a public organization?

To achieve social welfare

What type of business organization is involved in industrial activities such as manufacturing and mining?

Industrial organization

What type of business organization is involved in agricultural activities such as farming and livestock?

Agricultural organization

What is the main characteristic of a commercial organization?

Involvement in trading activities

What is the main characteristic of a small industrial enterprise?

Small production capacity

Which of the following is not a criterion for measuring the size of an enterprise?

Location

What is the main purpose of the financial function in an enterprise?

To allocate resources efficiently

Which of the following is a characteristic of a small enterprise?

Limited access to international markets

What is the main advantage of using the number of employees as a criterion for measuring the size of an enterprise?

It is a simple and straightforward method

What is the main limitation of using the capital criterion for measuring the size of an enterprise?

It is affected by inflation

What is the main purpose of the marketing function in an enterprise?

To understand customer needs

Which of the following is not a function of an enterprise?

Research and development

What is the main advantage of using the production volume criterion for measuring the size of an enterprise?

It reflects the true size of the enterprise

What is the main limitation of using the market share criterion for measuring the size of an enterprise?

It is difficult to obtain accurate data

This quiz assesses your understanding of measuring business size, including factors such as land area, capital, and more. It covers the different indicators used to measure business size across various economic sectors.

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