“Boss Moves Only” – Week 1 EOPA Game Show

Imagine Luna, Grace, and Ethan are working on a group project. Who would be the best example of a transformational leader?

• Enforcing rules

• Delegating tasks

• Inspiring and motivating teams

• Avoiding conflict

Jackson, Evelyn, and Benjamin are discussing different ways to start a business. Which of the following is NOT a type of business ownership?

• Sole proprietorship

• Partnership

• Corporation

• Monopoly

Maya is thinking about starting her own business as a sole proprietor. What is a key disadvantage she might face?

• Complex tax filing.

• Limited access to capital.

• Shared decision-making.

• High start-up costs.

Charlotte, Evelyn, and Maya are starting a new business together! They want a structure where their personal assets are protected and the business has its own legal identity. Which business structure should they choose?

• Sole proprietorship

• Partnership

• Corporation

• Cooperative

Ethan and Aria are starting a lemonade stand. Do you think having a business structure will help them organize their business?

• True

• False

Aria, Emma, and Daniel are thinking about starting a business together. Which of the following is a key advantage of forming a partnership?

• Limited liability for all partners.

• Easier to raise capital compared to a sole proprietorship.

• No need to share profits.

• Complete control by one partner.

Imagine Abigail, Harper, and David are working together on a big project. What do you call the way their company organizes employees to accomplish specific business tasks and keeps everything running smoothly?

• organizational structure

• customer structure

• organizational design

• level of management

Imagine Sophia and Kai are shopping at a grocery store where Monte works. This store buys food from producers and then sells it to customers like Sophia and Kai. What type of business is this grocery store?

• builder

• trade industry

• service business

• raw-goods producer

Imagine Isla wants to start her own lemonade stand. What is the primary characteristic of a sole proprietorship?

• It is owned by multiple shareholders.

• It is owned and operated by one individual.

• It is a non-profit organisation.

• It is a government-owned entity.

Ava, Abigail, and Kai are thinking about starting a business together. Which of the following is a benefit they would enjoy if they choose to form a limited company?

• Unlimited liability for owners.

• Easier to transfer ownership.

• No need to file annual reports.

• Owners are personally responsible for debts.