Understanding Business (Prelim Revision)

A public limited company (PLC) is owned by...

• Board of Directors

• Shareholders

• The government

A public limited company (PLC) is controlled by...

• Board of Directors

• Shareholders

• The government

A public limited company (PLC) is financed by...

• Taxation

• Owner's savings

• Selling shares

A public sector organisation is owned by...

• Board of Directors

• Shareholders

• The government

A public sector organisation is controlled by...

• Board of Directors

• Shareholders

• The government

A public sector organisation is financed by...

• Taxation

• Owner's savings

• Selling shares

Corporate culture is a set of values and beliefs that are set by an organisation to create a sense of identity and belonging in the workplace.

• True

• False

Changing laws and legislation

• Political

• Economic

• Social

Changing corporation tax

• Political

• Economic

• Environmental

Boom or Recession

• Political

• Economic

• Technological