- 6 Marks
BMIS – Nov 2019 – L1 – Q1a – The Business Organization and its Stakeholders
Explain three business types available to individuals venturing into business.
Question
Kofi Stone, Ama Black and Adwoa Sika who were your students at the Ultimate Business School have decided to venture into business after their National Service which ends in the next three months. They have approached you for your advice on the type(s) of business(es) which they should invest in, considering the country’s economic environment.
Required:
Explain THREE (3) business types available to them. (6 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Business Types, Limited Liability Company, Partnership, Sole Proprietorship
- Level: Level 1
- Topic: The Business Organisation and its Stakeholders
- Series: NOV 2019
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