COGNITIVE ASSESSMENT Which Term Is Used to Describe Large Businesses

question 116

Multiple Choice

COGNITIVE ASSESSMENT Which term is used to describe large businesses that require special hardware geared for heavy use, and maximum availability and efficiency to fit the needs of their hundreds or thousands of workers?

• A) enterprise
• B) global giant
• C) power player
• D) high-traffic

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Definitions:

Form Of Business Organization

The legal structure adopted by a business, such as sole proprietorship, partnership, corporation, or limited liability company (LLC).

Corporation

A legal entity owned by shareholders, with rights and responsibilities separate from those of its owners, and capable of engaging in transactions, owning assets, and being liable for debts.

Working Capital Management

The process of managing a company's short-term assets and liabilities to ensure it has sufficient liquidity to run its day-to-day operations.

Cash Requirements

Cash requirements refer to the total amount of cash a company needs to satisfy its operational expenses and financial obligations in a given period.