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WorksheetsStructure, Stakeholders & Motivation
Total questions: 45
Worksheet time: 25mins
Which type of business has unlimited liability and doesn't have to share the profit?
Sole Trader
Partnership
LTD
PLC
What type of business has unlimited liability and can share the responsibility of managing the business?
Sole Trader
Partnership
LTD
PLC
Which type of business can sell shares but only to the owners and employees of that business?
Sole Trader
Partnership
LTD
PLC
Which type of business must have public accounts, must do a lot of paper work and can sell shares to anyone?
Sole Trader
Joint Venture
Franchise
PLC
Which businesses are incorporated?
Sole trader
Partnership
LTD
PLC
Franchise
____________ _______________ is when a person is only responsible for the amount of money they invested in the business.
Market share
Shareholder return
Limited libablity
Unlimited liability
_____________ businesses do not have separate legal identity.
PLC
LTD
Franchise
Unincorporated
A _____________ is when two businesses work together on a project.
Partnership
Agreement
Joint Venture
Franchise
What should a partnership have to make sure that no partner cheats the other?
A contract
An agreement
A law
A handshake
____________ means that if one owner dies, the business can continue.
Continuity
Survival
Unincorporated
Liability
The two parts of a franchise are:
Franchise
Franchisee
Franchisor
Franchisur
A sole trader can only employ one worker.
True
False
All businesses can sell shares.
True
False
Dividends are one of the reasons people buy shares.
True
False
Dividends are paid out every ____ months.
3
4
6
12
Which business structure is owned or controlled by the government?
Sole trader
Public Limited Company
Private Limited Company
Public Corporation
Which of the following are synonyms of "objective"?
Aim
Goal
Target
Master piece
The first objective for any new business is:
Growth
Profit
Survival
Market Share
Which of the following are reasons a business might choose survival as its objective?
Economic growth
A recession
New competition
A reduction of taxes
The formula for profit is:
Profit = cash - cost
Profit = sales revenue - dividends
Profit = sales revenue - total costs
Profit = sales revenue + total costs
The two main types of growth are:
Inward
Outward
Internal
External
Market share is the same as
shareholders
stakeholders
customers
managers
Which of the following is a way to get more market share:
Advertising
Promotion
Increasing prices
Increasing costs
A social enterprise could have which objectives?
Human well-being
Improved community services
Reducing pollution
Increasing profit
A stakeholder is someone who is _________ or ________ a business decision
interested in
affected by
working for a business
decider of
Which of the following are internal stakeholder groups?
Banks
Government
Customers
Owners
Local community
A steak holder is
A person interested in a business
A person that is affected by a business
A person holding a steak
A person that is interested in or affected by a business decision
_________ is the reason employees work hard and effectively for a business.
Money
Fame
Motivation
Cheese
Which of the following is a type of wage?
Time-rate
Salary
Piece-rate
Unit-rate
A _________ is paid monthly and overtime is usually not available.
Wage
Salary
Commission
Bonus
A __________ is paid as a percentage related to the price of the products that are sold.
Salary
Bonus
Wage
Commission
Profit sharing
_______________ is an amount of money given to workers by the business for reaching the business' profit goals.
Salary
Commission
Bonus
Profit sharing
Wages
A _______ is an amount of money given to a worker for doing a great job.
Bonus
Salary
Commission
Wage
Profit sharing
A _____ benefit is a type of motivation that is not money
fraud
fringe
fright
funky
Which of the following is not a fringe benefit?
Free accommodation
Free vehicle
Bonus
Pension
Discount on products
_______________ are ways to increase an employee's motivation on the job.
Job satisfaction
Job rotation
Job enrichment
Job enlargement
Job ______ is when the worker is given different tasks to do throughout the day.
enrichment
enlargement
rotation
satisfaction
Job ______ is when a worker is given harder to tasks to try in order to increase their sense of worth.
enlargement
enrichment
rotation
satisfaction
A _______ is when a worker gets moved to a higher position in the company.
level-up
bonus
commission
promotion
Taylor's theory is called
Scientific management
Hierarchy of needs
Hygiene factors
Maslow's theory is called
scientific management
hierarchy of needs
hygiene factors
Herzberg's theory is called
scientific management
hierarchy of needs
hygiene factors
Which of the following is not one of the levels of the hierarchy of needs?
Security
Self-actualization
Self-loathing
Esteem
Physiological
What are the two categories of Herzberg's theory?
Hygiene factors
Social factors
Esteem factors
Motivators
Physiological factors
What grade do you think you will get on your exam?
4
3
2
1
