T- Level _ Session_2_ Start Up Activity

What is the primary purpose of organisations?

• To generate profit

• To bring people together for a common purpose

• To provide public services

• To promote cultural diversity

Which sector includes organisations owned and controlled by national governments or local authorities?

• Private sector

• Public sector

• Not-for-profit sector

• Cooperative sector

Which of the following is an example of a public sector responsibility?

• Profit maximization

• Social order maintenance

• Market share expansion

• Brand identity development

What is the main responsibility of the national government in the public sector?

• Providing local infrastructure

• Creating economic stability

• Environmental services

• Economic development

Which sector includes organisations that are run for profit-making activities?

• Public sector

• Not-for-profit sector

• Private sector

• Cooperative sector

Which of the following is not a size category for private sector businesses?

• Small businesses

• Medium businesses

• Large businesses

• Mega corporations

What are the four main types of business in the private sector?

• Sole proprietorship, partnerships, NGOs, limited liability corporations

• Partnerships, co-operatives, non-profits, public corporations

• Sole proprietorship, partnerships, co-operatives, limited liability corporations

• Limited liability corporations, public corporations, mutual societies, NGOs

Which characteristic gives an individual identity to a business organisation?

• Profit maximization

• Mission and objectives

• Control system

• Recording systems

What might be a personal motive for setting up and running a business?

• Market share expansion

• Financial freedom

• Profit maximization

• Economic development

What is the primary motive for not-for-profit/voluntary sector organizations?

• Profit maximisation

• Personal satisfaction

• Delivering essential services

• Market share expansion