Quiz on Sectors and Organizations

What type of news stories can students bring?

• Stories that have been big news in the past week or so

• Only stories about animals

• Only stories about space

Which sector is owned by individuals or groups aiming to make a profit?

• Public sector

• Private sector

• Voluntary sector

• Government sector

What type of organizations does the public sector manage?

• For-profit businesses

• Government agencies

• Charities

• Private companies

Which business type has 'limited liability' and allows public share purchase?

• Private Limited Company

• Public Limited Company

• Co-operatives

• Sole Proprietorship

What type of business is owned by members who benefit from surplus profits?

• Co-operatives

• Solo trader

• Public Sector

• Franchise

What is the role of the public sector?

• To generate profit

• To manage private businesses

• To benefit citizens and their welfare

• To support voluntary organizations

What is the role of the public sector?

• To generate profit

• To manage private businesses

• To benefit citizens and their welfare

• To support voluntary organizations

What is a key characteristic of the private sector?

• Government control

• Non-profit focus

• Individual ownership

• Community service

What type of business reinvests surplus profits for the benefit of its members?

• Corporation

• Partnership

• Cooperative

• Sole proprietorship

Which business type sells the right to use its name and idea in different locations?

• Solo trader

• Public Limited Company

• Franchises

• Co-operatives