GRADE 11 SUBJECT ORGANIZATION AND MANAGEMENT
Write the letter of the correct answer. Choose from the letter below
and write your answer on your PAPER
1. A government requirement that order new business owners to furnish government
agencies with necessary information prior to the legal operation of their business
organization.

2. Sarah Jane wants to put up her own business all the advantages and dis advantages are her own responsibilities. What type of business it is?

3. A business entity involving five or more persons owning it. It is registered and
recognized by law as a “legal person” that has legal rights and responsibilities, can sue or be sued in court, can own and sell properties, and can transact or enter into contracts.

4. The cooperative’s life is not affected by the death of any of its members nor by the
selling of a member’s shares.

5. The resources (money and other assets) and talents (skills, experience, and
management expertise) of all involved may be pooled together.
A. Sole/Single Proprietorship
B. Partnership
C. Corporation
D. Cooperative
E. Business Registration