Unit 22 - Question 1
Authored by Dean Watson
Physical Ed
University
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19 questions
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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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