Business

Which one of these is a private sector business?

• Private LTD

• Public Corporation

• Charitable Trust

• Local Authority

What is a private sector aim?

• To cut costs

• To support communities

• To make profit

• Meet Gov standards

Limited liability is when...

• You are liable for all debts of the business

• You are only liable for the amount of your shares in the business

What are the three different sectors in business?

• Primary, Secondary and Third

• Private, Public and Voluntary

• Retail, Leisure and Public Service

• High Street, Online and Delivery

A business that only operates in a district area has what scope?

• Local

• National

• International

• Multinational

A company that has has stores in multiple countries is what type of company?

• Local

• National

• International

• Multinational

A micro company has how many employees?

• 1-5

• 1-9

• 1-10

• 1-12

A large company has how many employees?

• 200+

• 225+

• 250+

• 249+