1) A type of corporation with a small number of shareholders that are privately held by managers, owners, and even families. a) Sole Proprietorship b) Partnership c) Corporation Sole d) Close Corporation 2) They provide capital to entrepreneurs knowing that there are risks involved. They may come in the form of senior relatives, close friends, and professional equity investors. a) Venture Capitalists b) Angel Investors c) Personal Investors d) Bank 3) It is a set of steps that companies use to determine how to implement a strategic plan within company activities to achieve one or more business plan objectives. a) Business Implementation Plan b) Start-Up c) Enterprise d) Business Objectives 4) They are responsible for Business Implementation except? a) Upper management personnel b) Department employees c) Company CEO and executives d) Consumers 5) It can consist of at least five to 15 persons. Its form of business allows various combinations of funds to be raised from financiers and investors. a) Sole Proprietorship b) Corporation c) Business Implementation d) Partnership
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Business Implementation
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