BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
____ A business which has its own identity and is distinct from the owners is called ____
|
|
Autonomy
|
|
|
Big Idea
|
|
|
Profitability
|
|
|
Scalability
|
Explanation:
Detailed explanation-1: -A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
Detailed explanation-2: -Profitability measures how efficient the business is in using its resources to produce profit (rate of return on investment). Unlike profit, profitability is a relative measure of the success or failure of a business.
There is 1 question to complete.