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Year 11 Business

Authored by Craig de Courcey

Other

11th Grade

Used 8+ times

Year 11 Business
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______________ is a business that is established by a government in response to a need in a community.

Profit-based business

Not-for-profit business

Government-owned corporation

Government business enterprise

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Pick the structures that provide the owners with limited liability

Sole Trader

Partnership

Private Company

Public Company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a characteristic of a public company?

Shares transferrable by shareholders consent

Limited Liability for owners

'Ltd' in its name

Minimum of 5 shareholders

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This business type is established to provide goods, services or funds to a particular concern or to work to benefit a community.

Profit-based business

Not-for-Profit based business

Government-owned corporation

Government business enterprise

5.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

This type of business structure has between 2-20 owners, is not a separate legal entity and the owners share the control and management of the business.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Going into a steady state, into decline or renewal are three options in which part of the business life cycle?

Start-up

Growth

Maturity

Post-Maturity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

'Pty Ltd' in a business's name indicates that it is a:

Sole Trader

Partnership

Private Company

Public Company

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