_ .__ __-_f___ ___..__ ______. __________ __._ _. ____. _ 1. What is the response of a business organization in increasing needs of a community where it belongs? A. increasing its Profit C. Corporate Social Relponsibility E. Paying its Taxes __ 2. What is the form of business organization which tool: el'i'ect last Februaryr 23. 2019 and approved by Revised Corporation Code of the Philippines? A. Sole Corporation B. Partnership C. Sole Proprietorship 3. Which type of business organization should be duly registered with the Cooperative Development Authority? A. Corporation E. Cooperative C. Partnership ___ 4. Which of the following can be practiced by a Sole Corporation as stated by the Revised Corporation Code? A. The liability is limited to the amount invested by the owners. E. The partners have Full liability in case of nancial loss of the business. C. It is allowed to have single stockholder with no minimum authorised capital stock requirement 5. Which of the following BEST described the Corporate Social Responsibility? A. Every business must provide their employees basic needs. B. A concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. C. Its main concern is to promote their products and senrices. _ ti. It is described as Triple Bottom Line. A. Planet. People and Prot C. People, Peso and Planet E. Peso, Prot and Planet _ T. Which of the following describes Sole Corporation? A. It has no minimum capital requirement and has perpetual life. 16 E. It is owned by two or more individuals. C. It is owned by members through equal shares. __. B. It is the theory popularised by Adam Smith in 1??6. A. Schumpeter's Theory C. invisible Hand Theory E. Triple Bottom Line _ 9. It is the Republic Act replacing the Eatas Pambansa [18 which gives ease in doing business in the Philippines. A. Corporation Code of the Philippines E. Revised Corporation Code at the Philippines C. Sole Corporation 10. It is the task of balancing the interest oi' multiple stakeholders and the environment. A. Maximising Prot E. Economic Development C. Triple Bottom Line