Podcast
Questions and Answers
A corporation is an organization authorized by the state to act as multiple entities .
False
Job creation can occur when businesses expand or industries experience growth.
True
Sole proprietorships are businesses owned and operated by multiple individuals.
False
Partnership businesses are always owned and operated by a single individual.
Signup and view all the answers
Economic growth is a key indicator of a country's overall prosperity and development.
Signup and view all the answers
Establishing a business enterprise does not involve strategic decision-making.
Signup and view all the answers
The purpose of establishing business enterprises is solely to fulfill a specific purpose, not to generate profit.
Signup and view all the answers
Job creation refers to reducing employment opportunities within an economy.
Signup and view all the answers
A corporation can only be formed by a company, not a group of people.
Signup and view all the answers
Economic growth refers to a decrease in a country's production of goods and services over time.
Signup and view all the answers
