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Business Organization

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

1. Anyone who is interested in your company is called _________.

a)

Shareholder

b)

Cup holder

c)

Stakeholder

d)

Investor

2.

Ryan has a partner that gave him the money but doesn't participate in managing the company. His partner is a ________ partner

a)

Resting

b)

Sleeping

c)

Hiding

d)

shy

3.

Cassie plants vegetable in the countryside and sells it in her local market. Which business activity this belongs to?

a)

Primary

b)

Secondary

c)

Tertiary

d)

Quaternary

4.

Microsoft is a company that allows everyone to buy stocks of the company. This is is an example of __________.

a)

Public Corporation

b)

Public limited company

c)

Private limited company

d)

Quangos

5.

Which of the following is an example company selling goods?

a)

Barber shop

b)

Law Firm

c)

MIC

d)

Milk tea shop

6.

Brianna is buying shares in Jim's company and she wants to have the right to vote in company decisions. Which type of shares she should buy?

a)

Preferences shares

b)

Ordinary shares

c)

Special shares

d)

Jim doesn't share

7.

Which type of partner only allows the company to use his name but doesn't really have the interest in the company?

a)

General

b)

Sleeping

c)

Nominal

d)

Mean

8.

BMW Car factory belongs to which activity?

a)

primary

b)

secondary

c)

tertiary

d)

quaternary

9.

The teachers in BC program started a tutorial service center. This type of business is _________.

a)

corporation

b)

partnership

c)

company

d)

quangos

10.

Kevin opened a company by himself and doesnt share with anyone. This type of business organization is _________.

a)

sole trader

b)

cooperative

c)

private company

d)

state services

11.

Which business activity does a painter belongs to?

a)

primary

b)

secondary

c)

tertiary

d)

quaternary

12.

This type of organization only focuses on managing the area for peace and safety of everybody.

a)

quangos

b)

corporation

c)

local authority

d)

sole trader

13.

Judy is a reseller of Gucci products in china. Which business activity is this?

a)

primary

b)

secondary

c)

tertiary

d)

quaternary

14.

Derek is a billionaire. Not everyone can buy shares in his company. His type of business is __________.

a)

cooperative

b)

sole trader

c)

private limited company

d)

quangos

15.

Jun owns a media network company but is also being controlled by the government. This type of organization is a ______.

a)

corporation

b)

cooperative

c)

state service

d)

quangos

16.

It is a legally recognized entity designed to provide goods and services to customers

a)

business

b)

NGO

c)

Charity

d)

church

17.

A business has two options to produce in order to make a profit: goods or services also known as the business _______.

a)

output

b)

input

c)

method

d)

strategy

18.

The following are examples of business inputs EXCEPT

a)

time

b)

land

c)

ideas

d)

competition

19.

Barry wants to open a brach of an already established brand in Foshan. This type of business is called ______.

a)

franchise

b)

partnership

c)

cooperative

d)

pirvate limited compan y

20.

Which business activity focuses on providing service to the customers?

a)

primary

b)

secondary

c)

tertiary

d)

quaternary