Types of Businesses and Management Concepts

Types of Businesses and Management Concepts

Assessment

Flashcard

•

Business

•

12th Grade

•

Practice Problem

•

Hard

Created by

David S

FREE Resource

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68 questions

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1.

FLASHCARD QUESTION

Front

Types of Businesses: Sole Traders

Back

Owned and operated by one person, responsible for all aspects of the business.

2.

FLASHCARD QUESTION

Front

Types of Businesses: Partnership

Back

A business structure involving 2-20 people who run a business together.

3.

FLASHCARD QUESTION

Front

Types of Businesses: Private Limited Companies

Back

A business with 2-50 shareholders, whose stocks cannot be bought or exchanged on the stock market.

4.

FLASHCARD QUESTION

Front

Types of Businesses: Public Listed Companies

Back

A business without a minimum of shareholders, whose shares are freely traded on the stock exchange.

5.

FLASHCARD QUESTION

Front

Types of Businesses: Social Enterprises

Back

Private sector business that distributes profits to benefit the community or social need.

6.

FLASHCARD QUESTION

Front

Types of Businesses: Government Business Enterprises

Back

A business that is government-owned and operates in the public sector.

7.

FLASHCARD QUESTION

Front

Stakeholder Conflict: Employees & Shareholders

Back

Employees want fair wages, reducing business profit and dividends shareholders receive.

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