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Types of Start-Up Firms and Business Ownership Quiz

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Types of Start-Up Firms and Business Ownership Quiz

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Questions and Answers

Which sector plays a vital role in stimulating economic activity and employment opportunities in Oman?

Government Agencies

International Organizations

Small and Medium Enterprises (correct)

Large Enterprises

In which year is the vision 'Oman 2040' expected to be realized?

2050

2040 (correct)

2030

2025

Which of the following is NOT a classification of Small & Medium Enterprises in Oman?

Medium Enterprises

Small Enterprises

Micro Enterprises

Large Enterprises (correct)

According to the Commercial Companies Law in Oman, how many forms can commercial companies adopt?

7 Signup and view all the answers

What is the annual revenue range for Small Enterprises in Oman?

OMR 150,000 to 1,250,000 Signup and view all the answers

Which type of companies are required to choose one of the forms listed in the text?

Commercial Companies Signup and view all the answers

What is the primary focus of Oman's vision 'Oman 2040'?

Economic Progress Signup and view all the answers

What is the main focus of Oman's government support as mentioned in the text?

Youth and Entrepreneurship Signup and view all the answers

According to the SME Development Authority in Oman, what is the classification for Small Enterprises?

Annual Revenue From OMR 150,000 to 1,250,000 Signup and view all the answers

Which company form is NOT listed under the Commercial Companies Law in Oman?

Unlimited Liability Company Signup and view all the answers

What is the primary emphasis of Oman's vision 'Oman 2040'?

People and Society Signup and view all the answers

Which category of enterprises plays a vital role in stimulating economic activity in Oman?

Small Enterprises Signup and view all the answers

What is the annual revenue range for Medium Enterprises in Oman?

From OMR 1,25,000 to 5,000,000 Signup and view all the answers

Which form of commercial company is considered as a Joint Stock Company under the Commercial Companies Law in Oman?

Joint Venture Signup and view all the answers

How many pillars is Oman's vision 'Oman 2040' based on?

$4$ Signup and view all the answers

What type of partnership involves unlimited liability for its partners?

General Partnership Signup and view all the answers

What does Sultan Haitham promise to support in his anniversary address?

Youth in entrepreneurship programs Signup and view all the answers