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WorksheetsUnit 22 - Question 1
Total questions: 19
Worksheet time: 11mins
A strategy for a private business to enter a new market. For example GymShark looking into entering the sport shoe market
Survival
Market Leadership
Growth
Diversification
When a business wants to build in size. Make more money, employ more staff, have more consumers
Break Even
Growth
Market Leadership
Diversification
Which of these is NOT classed as a scope of business
Local
Multi National
National
Regional
If the company gets into debt but the shareholders are only responsible for the amount of debt relative to their investment
Liability
Unlimited Liability
Limited Liability
Partial Liability
Where a person has no limit to the amount of debt they get into individually. Usually happens to sole traders
Limited Liability
Full Liability
Unlimited Liability
Total Liability
Someone who invests money in a business and also has a direct involvement of the running of the company
Stakeholder
Shareholder
CEO
Employee
Someone who has invested in the business but doesn't have a say in how it runs
Chief Executive
CEO
Stakeholder
Shareholder
A business owned and ran by it's members
Co-operatives
Partnership
Sole Trader
Public Limited Companies
Which has shares on the Stockmarket?
Private Limited Companies
Public Limited Companies
Which do shareholders have limited liability?
Private Limited Companies
Public Limited Companies
Which are shareholders protected from debt but directors may be subject to limited liability?
Private Limited Companies
Public Limited Companies
Which is bigger?
Public Limited Companies
Private Limited Companies
Which of these is an aim of a Public Sector Business (2)
Meeting Government Standards / Initiatives
Making Profit
Good Value For Money
Market Leadership
If the Business has 10-49 staff it is a
Micro Business
Small Business
Medium Business
Large Business
Large companies which manufacture and sell goods all over the world
Local Business
National Business
Multinational Business
International Business
What is the 'purpose' of a nutrition company (2)
Recreation
Weight Loss
Charity
Health Maintenance
Which demographic group may benefit from cheaper rates / special offers in the nutrition company? (2)
Age
Gender
Low Socio Economic Groups
Disability
Which of these are 'External Stakeholders' (2)
Managers
Employees
The local community
Suppliers
Risk: Not a continuous source of income / could rely on the weather
Full Time Staff
Part Time Staff
Seasonal Staff
