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WorksheetsEdexcel Business - Grade 9
Total questions: 20
Worksheet time: 10mins
What is the word to describe people employed in a business?
Labour
Customer
Sole trader
Shareholder
What is the name of a business where there is no legal difference between the owner and the business?
Public limited company
Franchise
Unincorporated
Cooperative
When an owner of a business is only liable for the amount initially invested, this is known as?
Unlimited liability
Legally binding
Franchise
Limited liability
A structure in which a business owner allows another operator to trade under their name is called a?
Limited company
Franchise
Cooperative
Partnership
Business that aims to improve human or environmental well-being, is known as a?
Social enterprise
Public limited company
Private limited company
Multinational
Name an organisation that gives money, goods or help to people who are poor, sick, or in need?
Bank
Supermarket
Charity
Venture capitalist
Name a business which is owned by between 2 and 20 people?
Sole trader
Charity
Partnership
Sole proprietor
A business that has separate legal identity from that of its owners is said to be?
Incorporated
Unincorporated
Franchise
Sole trader
A business owned by one person is called?
Partnership
Public limited company
Charity
Sole trader
Partnership where some partners contribute capital and enjoy a share of the profit but do not take part in the running of the business is known as a?
Public limited company
Partnership
Private limited company
Limited partnership
Cooperative that is owned by its employees is called a?
Consumer cooperative
Retail cooperative
Worker cooperative
Franchise
What is the term given to a specialist investor (individual or company) who provide money for business purposes, often to new businesses?
Venture capitalist
Lottery winner
Shareholder
Finance director
What do you call it to make a legal claim against someone, especially for money, because they have harmed you in some way?
Justice
Hope
Sue
Compensation
What is the name of the document needed before a new company can start doing business?
Certificate to trade
Trade license
Certificate of incorporation
Prospectus
A place where shares of PLCs are traded is called a?
Flea market
Supermarket
Marketplace
Stock market
What do you call the process of a company ‘going public’?
Prospectus
Flotation
Share issue
Multinationalism
The name of a large business with significant production or service operations in at least two different countries is known as a?
Partnership
Social enterprise
Limited company
Multinational company
In the UK, a limited company whose shares are freely sold and traded on a stock market is known as a?
Limited company
Public corporation
Social enterprise
Public limited company (PLC)
What is the name given to the transfer of public sector resources to the private sector (business)?
Merger
Privatisation
Monopoly
Liquidation
What is the name give to the basic systems and structures that a country or organisation needs in order to work properly?
Infrastructure
Deregulation
Accountability
Legal controls
