IGCSE Business 10

An industry where efficiency is improved if there is just one operator is which of the following

• Segmented Industry

• Saturated Industry

• Natural Monopoly

• Oligopoly

which of the following is a feature of a public corporation

• It is owned by the board of directors

• It is funded by the government

• it aims to maximise profits

• it is not accountable to anyone

The transfer of public sector resources to the private sector is called what?

• Nationalisation

• Rationalisation

• Segmentation

• Privatisation

Which of the following is a reason against the public ownership of businesses

• Public corporations may be too large and difficult to control

• Public corporations can not raise enough funding

• The government can not employ business people

• Public corporations can not employ overseas employees

which of the following business activities is likely to be operated by a sole trader

• Motor car manufacturing

• Chemical `processing

• Banking

• Gardening Service

what is the most appropriate form of business for a multinational operator

• Partnership

• Public Corporation

• Public Limited Company

• Social Enterprise

What is an appropriate form of business for a self employed taxi driver

• Multinational

• Public Limited Company

• Sole Trader

• Cooperative

Which of the following is of most likely to effect appropriateness of a particular form of business

• The rate of inflation in the Economy

• Geographical location

• financial risk owners are prepared to take

• the views of employees

Gold mining in South Africa is an example of business activity in which sector

• Primary Sector

• Secondary Sector

• Tertiary Sector

• None of the above

which of the following businesses operate in secondary sector

• Santander Bank

• Qatar Airways

• Ford Motor Company

• McDonalds