Grade 9 Checkpoint Quiz

This business structure has a board of directors who controls the company.

• private limited company

• public limited company

In this business structure, the ownership and control are not separate!

• private limited company

• public limited company

Hind has paid Starbucks some money to use their brand (name), logo and products. This business structure is called a...

• joint venture

• partnership

• franchise

Sony and Ericsson have combined together to create one business called Sony Ericsson. This business structure is called...

• private limited company

• joint venture

• partnership

Shaikha and Aisha started a beauty salon business together because Shaikha has the skills and Aisha has experience in beauty salons. This business structure is called....

• joint venture

• partnership

• public limited company

• franchisee

This business structure has a maximum of 50 shareholders allowed. 

• public limited company

• private limited company

An advantage of being a sole trader is that you do not have to work long hours.

• true

• false

A disadvantage of joint ventures is that mistakes can damage the reputation of both companies.

• true

• false

Fatima wants to reduce the use of plastic cups in her coffee shop. This is an example of which business objective?

• growth

• survival

• corporate social responsibility

• profit

How you will know you have achieved your objective.

• Specific

• Achievable

• Time-bound

• Measurable