Business Analysis

A Sole proprietorship is a legal entity separate from its owners.

• True

• False

Cooperative is a business organization where two or more persons combine their resources in a business with a view of making profit.

• True

• False

Sole proprietorship is a business organization where members have equal say in decision-making.

• True

• False

Partnership is the simplest way to put up a business.

• True

• False

Corporation is a business organization where all owners share the management of the business & has unlimited liability

• True

• False

Unlimited Liability happens only for Sole proprietorship and General Partnership.

• True

• False

Michel E. Porter developed the Porter’s Five Forces of Competitive Position Analysis.

• True

• False

Strengths and Weaknesses are considered external factors of the company.

• True

• False

The framework that can help identify the internal and external forces that may affect the business.

• SWOT Analysis

• Porter's Five Forces

A business analysis model that helps to explain why various industries are able to sustain different levels of profitability.

• SWOT Analysis

• Porter's Five Forces