Unit 22 - Question 1

Unit 22 - Question 1

University

19 Qs

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Unit 22 - Question 1

Unit 22 - Question 1

Assessment

Quiz

Physical Ed

University

Practice Problem

Medium

Created by

Dean Watson

Used 19+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A strategy for a private business to enter a new market. For example GymShark looking into entering the sport shoe market

Survival

Market Leadership

Growth

Diversification

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a business wants to build in size. Make more money, employ more staff, have more consumers

Break Even

Growth

Market Leadership

Diversification

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT classed as a scope of business

Local

Multi National

National

Regional

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the company gets into debt but the shareholders are only responsible for the amount of debt relative to their investment

Liability

Unlimited Liability

Limited Liability

Partial Liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where a person has no limit to the amount of debt they get into individually. Usually happens to sole traders

Limited Liability

Full Liability

Unlimited Liability

Total Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who invests money in a business and also has a direct involvement of the running of the company

Stakeholder

Shareholder

CEO

Employee

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who has invested in the business but doesn't have a say in how it runs

Chief Executive

CEO

Stakeholder

Shareholder

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