Business Organizations Quiz

Which of the following is an example of a nonprofit organization?

• TAS

• Doctors Without Borders

• Red Crescent

• World Wildlife Fund

What are the different types of business organizations?

• Sole proprietorships, partnerships, corporations

• Corporations, non-profits, cooperatives

• Partnerships, corporations, cooperatives

• Sole proprietorships, corporations, nonprofits

How do corporations raise money?

• By hiring help

• By selling stocks

• By depending on donations and volunteers

• By paying taxes solely

How many stockholders are there in TAS?

• 1

• 2

• 3

• 4

What is the main goal of a nonprofit organization?

• To maximize profits for shareholders

• To share responsibilities and costs

• To help people or make the world a better place

• To elect directors and vote on changes

Do you think the profit should be shared equally among the stockholders? Why? Why not?

• Yes, because each shareholder has an equal share.

• No, because the shareholders didn't contribute equally.

• Yes, because it's fair to distribute equally.

• No, because profit sharing depends on the company's policy.

What type of business organization is TAS?

• Sole proprietorship

• Partnership

• Corporation

• Nonprofit organization

How much money did each of the stockholders pay for making their money?

• Taif: 10 million dirhams, Ali: 5 million dirhams, Sultan: 1 million dirhams

• Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 1 million dirhams

• Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 6 million dirhams

• Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 1 million dirham

According to the dividends (profit), how much money should each stockholder get?

• Taif: 60 million dirhams, Ali: 30 million dirhams, Sultan: 10 million dirhams

• Taif: 50 million dirhams, Ali: 40 million dirhams, Sultan: 10 million dirhams

• Taif: 70 million dirhams, Ali: 20 million dirhams, Sultan: 10 million dirhams

• Taif: 40 million dirhams, Ali: 30 million dirhams, Sultan: 20 million dirhams