The ways of dividing an economy will include:

• industry groups

• primary, secondary, tertiary sectors (also: quaternary & quinary)

• public and private sectors

• a sole trader or a franchise

An example of a primary sector is

• transportation

• quarrying

• information technology

• utilities

Which of the following business organizations have unlimited liability?

• a sole trader

• Ltd/Llc

• PLC/Inc

• a partnership

Internal business expansion includes:

• increasing the number of employees

• a merger

• an IPO

Goods that are needed and used all the time are in the _______ sector.

• consumer discretionary

• consumer staples

An occasion when a company issues shares on a stock market for the first time can be called:

• IPO

• listing

• venture

• acquisition

• floatation

'Akcjonariusz' in English is called a _______.

'Fuzja' in English is called a _______.

Bureaucracy is otherwise called

• shenanigans

• red tape

• pesky business

In SWOT analysis strenghts & weaknesses refer to external factors, while oppurtunities and threats to internal ones.

• TRUE

• FALSE