Business Concepts Quiz

What is the main objective of a for-profit social enterprise?

• Maximize shareholder returns

• Generate profit while addressing social issues

• Distribute all profits to charity

• Avoid making any profit

Which of the following is a key feature of a cooperative?

• Owned and run by members who share profits

• Managed by government departments

• Aimed at maximizing stock price

• Funded only by taxes

What distinguishes a public sector enterprise from a private one?

• It operates internationally only

• It does not generate revenue

• It is owned and operated by the government

• It does not provide services to the public

Which business form offers limited liability to its owners?

• Sole trader

• Partnership

• Private limited company (Ltd)

• Cooperative

NGOs are typically funded by:

• Shareholder investments

• Donations and grants

• Revenues from the stock exchange

• Profits from government agencies

What is one challenge faced by social enterprises?

• Limited liability rules

• Over-regulation by NGOs

• Balancing social goals with financial sustainability

• Lack of public support

Which of the following is NOT a type of cooperative?

• Housing cooperative

• Financial cooperative

• Employee cooperative

• Government cooperative

Which organization is an example of an NGO?

• Indian Oil

• Oxfam

• Tata Motors

• Infosys

What is one reason a sole trader may become a private limited company?

• To avoid paying taxes

• To reduce personal liability

• To sell shares to the public

• To become a cooperative

Which statement best describes a public limited company (PLC)?

• Owned by the government

• Can only have 20 shareholders

• Can sell shares to the general public

• Does not require financial disclosure