Generally, businesses are created and operated in one of the following forms: Sole proprietorship: The most common and the simplest form of business is the sole proprietorship. In a sole proprietorship, a single individual engages in a business activity without necessity of formal organization.
Definition essays define a specific term through explanation. Defined terms can be concrete or abstract. Concrete terms are words like pencil, coffee or fan; abstract terms are words like integrity, honesty or love. When this type of essay defines something abstract, you usually write from your point of view.
Since multiple choice items require less time to answer than do essay items, more items can be included in an exam; therefore, more areas can be tested. The wider the sample range, the more valid and reliable a single test can be. A second consideration is test reliability.