INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Either A or B
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None of the above
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Detailed explanation-1: -How Many Micro SMEs Are There In Malaysia? In 2020, the Malaysia Statistics Business Register (MSBR) reports that there will be 1, 151, 339 or 97 SME companies in Malaysia based on the latest available data from the Department of Statistics, Malaysia (DOSM). Only 2% of business establishments operate on a daily basis.
Detailed explanation-2: -What is the business registration number in Malaysia? The business registration number is a set of unique numbers used to identify a company and printed on its certificate of incorporation. The registration number is also used for verification purposes for matters related to the company.
Detailed explanation-3: -A private limited company (Sendirian Berhad or Sdn Bhd) is a separate legal entity from its owners, meaning that it can buy or sell property, enter legal contracts and sue or get sued in courts.
Detailed explanation-4: -Shares do not trade on the stock exchange and a minimum member in a private limited company is one and maximum are 50.