QUZ 2

Which of the following is NOT an advantage of starting a new business venture?

• Ability to make changes easily

• Freedom to choose location and suppliers

• Existing customer base and reputation

• Opportunity to use own ideas

What is the main disadvantage of a start-up business?

• Strong brand identity from the beginning

• Minimal profits at the initial stage

• Easier access to bank loans

• Established customer loyalty

Which of the following is an advantage of buying an existing business?

• High start-up costs

• Immediate cash flow

• Lack of customer base

• Unclear reputation

Which of the following is NOT an advantage of franchising?

• Training and guidance provided

• Strong brand appeal

• Proven track record

• Full independence from franchisor control

An example of a franchise in Malaysia includes:

• Maybank

• McDonald’s

• MR D.I.Y.

• Bank Rakyat

Under which Act is a sole proprietorship registered in Malaysia?

• Companies Act 1965

• Registration of Businesses Act 1956

• Partnership Act 1961

• Trust Companies Act 1949

Which type of business entity has unlimited liability?

• Sole proprietorship

• Partnership

• Cooperative

• Both a and b

Which of the following is a characteristic of a Public Limited Company (Bhd.)?

• Minimum 2 shareholders, maximum 50

• Shares cannot be transferred.

• The public can be invited to buy shares.

• Restricted ownership

What is the minimum number of members required to register a cooperative in Malaysia?

• 20

• 30

• 40

• 50

Which of the following is NOT a form of equity financing?

• Angel investors

• Venture capital

• Bank loans

• Equity crowdfunding