MPU3222 ENTERPRENEURSHIP

Which agency handles business registration in Malaysia ?

• Economic Plan Unit

• Bursa Malaysia

• Companies Commision of Malaysia

• Ministry of Trade and Industry

Each of the following is a type of business entity, except for :

• Government Agencies

• Sole Proprietorship

• Limited Liability Company (LLC)

• Cooperative

How many people are in charge of a sole proprietorship?

• 5
• 1

• 2
• 3

True or False?

A sole proprietorship can easily transfer ownership to another person

• TRUE

• FALSE

True or False?

The Companies Act 2016 allows for a company to have only one member

• TRUE

• FALSE

What is the liability of shareholder in a company?

• Limitied to the amount of shares owned

• Unlimited liability

• Equal to company debt

• Dependent on company profits

What is potential disadvantage related in a general partnership?

• Joint liability for business debts

• Equally limited liability among all partner

• Protection from lawsuit

Based on Timmon's Model, what are the three main components of entrepreneurship?

• sales, funding, management

• product, team, vision

• funding, market, strategy

• opportunity, resources, and tea,

Based on your understanding of the BMC, what is Revenue Stream? State one of examples that relate with your understanding. Type your answer below not more than 25 words

What are the nine components in BMC?