WorksheetsCheckpoint 2 Gr9 Revision
Total questions: 19
Worksheet time: 10mins
Your Checkpoint 2 will be
on Swift Assess
on LMS
on paper
on Alef
There will be .... questions.
20
10
100
50
The Checkpoint 2 will be
next lesson
now
next month
next year
What is a sole trader?
The money needed to start a business.
A business owned by just one person.
A business owned by two or more people.
A business owned by two or more people.
A business owned by two or more people.
Sole trader
Partnership
Private limited company
Public limited company
A small company with shareholders, owned by a family or a group of friends.
Sole trader
Partnership
Private limited company
Public limited company
A large company with shareholders. Shares can be sold to the public.
Sole trader
Partnership
Private limited company
Public limited company
When an existing business lets another business to use its name, logo and products. (McDonald's; KFC; Starbucks)
Sole trader
Public limited company
Franchise
Joint venture
When two businesses decide to join and start a new business (Google + NASA = Google Earth)
Partnership
Public limited company
Franchise
Joint Venture
What is an advantage of a sole trader?
The owner has complete control of the business
There is more than one person to invest capital in the business.
The owner has less work to because they can share main tasks.
The owner has less work to because they can share main tasks.
What is a disadvantage of a partnership?
If one partner leaves, the business must close.
There is more than one person to invest capital in the business.
It takes time to set up and is expensive.
The Board of Directors and other shareholders might disagree about the running of the company.
Krispy Kreme is a business which allows another business to use its name, logo, and products.
What business structure is it?
Sole trader
Partnership
Franchise
Joint venture
Google and NASA decided to work together to set up a new business.
What type of business structure is it?
Partnership
Private limited company
Public limited company
Joint venture
Desert Soda is a large Middle Eastern company in the with hundreds of shareholders. Last year, it appointed a new Board of Directors. The company wants to increase production to sell their products in Europe. The Board of Directors is raising money by selling more shares to the public.
Recommend a business structure.
Sole trader
Partnership
Private limited company
Public limited company
What is a business objective?
The amount of money a business makes.
The number of products sold compared to other businesses.
The effect of business decisions on society.
A goal that a business wants to achieve.
Beans Café is a coffee shop that is successful in Sharjah. Next year, they want to open more restaurants in Dubai, Abu Dhabi and Ras Al Khaimah.
What is the business objective for Beans Café?
Growth
Corporate Social Responsibility
Survival
Increasing market share
Which element of a SMART objective involves setting realistic goals that are possible to be completed?
Specific
Measurable
Achievable
Relevant
Which one of the following objectives is time-bound?
Save money
Save money to buy new clothes
Save 1,000 dirhams sometimes
Save 1,0000 dirhams monthly for 6 months
Are you ready for the Checkpoint 2?
Yes
Maybe
No
