Types of Ownership Quiz

Which type of ownership is typically owned and operated by one person or a family?

• Chain Stores

• Franchises

• Independent

• Cooperatives

Which of the following is an example of a multiple?

• Local bakery

• McDonald's

• Walmart

• Charity shop

Which type of ownership involves buying the rights to use a company's brand and products?

• Social Enterprise

• Franchise

• Cooperative

• Independent

Chain stores are typically...

• Owned by different people in each location

• Independent businesses under the same name

• Owned by one company with a uniform brand and product line

• Run by volunteers

Which ownership type is focused on making a positive social or environmental impact?

• Multiple

• Social Enterprise

• Franchise

• Independent

In a cooperative, the business is owned by...

• One person

• The government

• A group of people who share profits and decisions

• A charity organization

Charities primarily aim to...

• Make a profit for owners

• Expand globally

• Help people, animals, or the environment

• Franchise their operations

Which type of business ownership has stores that look similar and sell the same products everywhere?

• Chain Stores

• Cooperatives

• Social Enterprises

• Independent

In which type of ownership does each member have an equal say in decisions?

• Independent

• Multiple

• Cooperative

• Franchise

Which is a key feature of a franchise?

• Complete freedom in decision-making

• Sharing profits with shareholders

• Following rules set by the parent company

• Funded by donations