This characteristic of partnership causes it to dissolve when one partner cannot participate in the business anymore refers to: Limited liability Distinct legal personality Lack of continuity Unlimited liability Which of the following play an important role in marketing planning and marketing strategy? Market Consumer intention Product quality Marketing mix Which among the following is not an intangible asset? Inventory Trademark Copyright Patent Which of these is the biggest disadvantage of a sole proprietorship business? Limited sources of capital Inability to make business decisions o Having a distinct legal personality O Responsibility to declare dividends to shareholders Mr. Nasir is given the task to develop a suitable wages system in his company. This is an example of which of the following human resource functions? o Human resource development O Compensation Recruitment and selection O Employment Which external environment factors related to peoples beliefs, traditions and way of life fall to? Political Global Socio-cultural Economic Which among the following is not related to accounting? Identifying business transactions Managing assets and liabilities for future profit planning Recording Classification Which external environment factors related to peoples beliefs, traditions and way of life fall to? Political Global Socio-cultural Economic In the buying decision process, the person who first suggests or thinks of the idea of buying a particular product or service is known as: Influencer Decider Buyer Initiator