
Business week - Y9
Authored by Muhammad Zayan
Business
9th Grade
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The best definition of a sole trader form of business organisation is:
The business only employs one person
The business is owned by one person
There is a single firm in the industry
The firm has a single customer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the claimed advantages of a sole trader business is that:
Owners have limited liability
Shares can be sold to raise capital
Decisions and responsibilities can be shared
The owner has complete control
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements best applies to a public limited company (plc)?
It is owned by the government and is in the public sector
It is owned by shareholders who can sell their shares in the Stock Exchange
It is quick and easy to set up with few legal formalities
Its accounts can be kept private and it receives little coverage in the business press
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector would a SCHOOL be part of?
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not an advantage of buying a franchise?
Make more profit
Access to a successful business idea
Lower costs
Have total control of a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following are not internal stakeholders?
Owners
Employees
Management
Customers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is an example of an external stakeholder?
Employees
Shareholders
Labour unions
Employers
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