If Microsoft got charged with a cyber infringement suit, who would be held responsible? a)Bill Gates b)Microsoft
Microsoft; because it is a corporation (separate legal entity).
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20
For which of the following types of business do you think a sole proprietorship firm of organization would be more suitable, and why? Grocery store Medical store Legal consultancy Craft center Internet café
Internet Cafe (small scale, limited risks)
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20
ORASCOM'S IPO, which helped the company raise more than LE 50 billion, is a statement showing a corporation's superiority in retaining its profits.
False; in acquiring funds.
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lifesaver
Give 25 points!
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star
Double points!
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shark
Other team loses 25 points!
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thief
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25
15
Would you say that the depreciation of the Egyptian currency was caused by changes in the Political, Economic or Legal Environments?
Economic
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25
Jana was teaching in Egypt until recently, when she decided to return to USA after a new law was enforced compelling all famale teachers to wear headscarfs. Which Environmental factor is that ?
Legal
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seesaw
Swap points!
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rocket
Go to first place!
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gift
Win 20 points!
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baam
Lose 5 points!
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15
T/F: STEEPLE Analysis identifies factors that occur within the organization.
False; external.
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10
T/F: Ownership of a corporation can only transferred through the buying and selling of stocks.
True.
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thief
Give points!
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25
fairy
Take points!
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fairy
Take points!
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25
baam
Lose 25 points!
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seesaw
Swap points!
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seesaw
Swap points!
Okay!
gift
Win 20 points!
Okay!
banana
Go to last place!
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15
Commercial organizations are organizations that operate for other purposes than for profits..
False. Commercial organizations operate for profits.
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20
Because she was afraid the business would close after her death, Nourhan decided not to open the restaurant of her dreams. What type of business form does this example mostly likely represent?
Sole Proprietorship
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20
Nadine was only liable for the LE 500,000 she had invested in the business, therefore, when the business faultered, she didn't have to pay from her personal money. What type of partner is Nadin? a)General Partner b)Limited Partner
Limited Partner
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15
KFC, McDonald's & Pizza Hut are all examples of a: a)Franchises b)Cooperatives C)Joing Ventures D)Syndicates
Franchises.
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20
The set of values, beliefs, behaviors, customs, and attitudes that helps the members of the organization understand what it stands for is called______.