Unit 1: Exploring Business Revision

A sole trader has __________

• Limited liability

• Unlimited liability

• No liability

• Shared liability

Which business type is not-for-profit?

• Charity

• Private limited company

• Public limited company

• Partnership

The main aim of a for-profit business is to make __________.

• Friends

• Profit

• Donations

• Community projects

Farming belongs to which sector?

• Primary

• Secondary

• Tertiary

• Quaternary

A doctor works in which sector?

• Primary

• Secondary

• Tertiary

• Quaternary

A company that only sells in Dubai is __________.

• Global

• International

• National

• Local

Emirates Airline is an example of a __________ business.

• Local

• National

• International

• Regional

A business with more than 10 staff is called __________

• Mirco

• Small

• Medium

• Large

A business with 500 staff is called __________.

• Micro

• Small

• Medium

• Large

Customers are __________ stakeholders.

• Internal

• External