WorksheetsIGCSE Business Studies: Topics 4 & 5
Total questions: 17
Worksheet time: 17mins
(a) is a business that is owned by one person.
(a) is a business that is jointly owned by two or more people.
(a) is when the liability of owners/shareholders is limited to the amount invested. Personal possessions are not at risk.
An (a) is a business with separate legal identify from its owners, e.g. a limited company.
An (a) is a business without separate legal identity from its owners, e.g. a sole trader or partnership.
A (a) limited company is a business owned by shareholders but it cannot sell shares to the public.
A (a) limited company is a business owned by shareholders but it can sell shares to the public and its shares are tradable on the Stock Exchange.
(a) are the owners of a limited company.
(a) are payments made to shareholders from the profits (after tax) of a company.
A (a) is a business that uses, under license, the brand name, logo and trading methods of an existing business. The franchisor sells the license; the franchisee buys the license.
A (a) is when two or more businesses start a new project together sharing capital, risks and profits.
A (a) is a business, in the public sector, that is owned and controlled by the state (government).
(a) are the aims or targets that a business works towards.
(a) is the total revenue of a business less total costs.
(a) is the proportion (%) of total market sales held by one brand or business.
A (a) is an organisation with profit, environmental and social objectives
A (a) is any person or group with a direct interest in the performance and activities of a business.
