Session56- Setting up of business 2- 2

Execution is the action of not carrying out of a plan or an order.

• No

• Yes

Registering your business makes it a separate identity, We can also prevent our business being copied.

• True

• False

................................ structure is a way or method by which companies activities are divided, organized and coordinated.

• Payroll

• Organisational

• Sales

• Marketing

In centralized organizations, all big decisions are made by the person at the bottom of the heirarchy.

• Yes

• No

Decentralised organisations give decision-making to people according to their level and need.

• True

• False

Payment to employees can be anytime depending on the ...................... of the business

• Cashflow

• Salesflow

• Payroll

• Cash

Last step in Execution is "............................."

• Launching

• Selling

• Set up

• Promotion

Yoyo is a owner of a business. She allows her employees to make decisions for the business that are needed and require their expertise. She has ............... Structure.

• Decentralised

• Centralised

• Organisational

Timmy is a ballet teacher. She opens her own studio. She wants to register her business. She is doing correct ?

• Yes

• No

Alice did market research, made plans, legalised her business, choose an name, set up a payroll system and organisational structure. The last step will be to ??

• Launch

• Lease

• Sell

• Buy