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Business #1

Authored by Chris Fraser

Physical Ed

11th Grade - University

Used 4+ times

Business #1
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10 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 5 pts

What type of liability cover does a partnership have?

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which type of business is listed on a stock exchange?

Partnership

Sole Trader

Public Limited Company

Private Limited Company

3.

MATCH QUESTION

1 min • 5 pts

Match the following businesses with the type of business

Public Limited Company

Ryan Perkins Sports Therapy

Co-Operative

KCJ Coaching

Sole Trader

Chesterfield Town FC

Partnership

Nike

Private Limited Company

Mansfield Town FC

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which is a disadvantage to being a sole trader?

Keep all of the profit

Limited liability cover

Share the losses with others

Full responsibility of business

5.

FILL IN THE BLANK QUESTION

1 min • 5 pts

Which sector would a council-owned leisure centre fall under?

6.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

What are the goals of a private sector business?

Make profit

Growth/Expansion

Break Even

Survival

7.

MATCH QUESTION

1 min • 5 pts

Match the following

Public Sector

Financed by individuals/groups with the primary goal of making money

Voluntary Sector

Owned by the government, providing goods/services for the community

Private Sector

Focus on creating social impact rather than profit

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