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Business Organizations Quiz

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following is an example of a nonprofit organization?

a)

World Wildlife Fund

b)

Doctors Without Borders

c)

Red Crescent

d)

All of the above

2.

What are the different types of business organizations?

a)

Sole proprietorships, partnerships, corporations

b)

Corporations, non-profits, cooperatives

c)

Partnerships, corporations, cooperatives

d)

Sole proprietorships, corporations, nonprofits

3.

How do corporations raise money?

a)

By hiring help

b)

By selling stocks

c)

By depending on donations and volunteers

d)

By paying taxes solely

4.

How many stockholders are there in TAS?

a)

1

b)

2

c)

3

d)

4

5.

What is the main goal of a nonprofit organization?

a)

To maximize profits for shareholders

b)

To share responsibilities and costs

c)

To help people or make the world a better place

d)

To elect directors and vote on changes

6.

Do you think the profit should be shared equally among the stockholders? Why? Why not?

a)

Yes, because each shareholder has an equal share.

b)

No, because the shareholders didn't contribute equally.

c)

Yes, because it's fair to distribute equally.

d)

No, because profit sharing depends on the company's policy.

7.

What type of business organization is TAS?

a)

Sole proprietorship

b)

Partnership

c)

Corporation

d)

Nonprofit organization

8.

How much money did each of the stockholders pay for making their money?

a)

Taif: 10 million dirhams, Ali: 5 million dirhams, Sultan: 1 million dirhams

b)

Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 1 million dirhams

c)

Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 6 million dirhams

d)

Taif: 6 million dirhams, Ali: 3 million dirhams, Sultan: 1 million dirham

9.

According to the dividends (profit), how much money should each stockholder get?

a)

Taif: 60 million dirhams, Ali: 30 million dirhams, Sultan: 10 million dirhams

b)

Taif: 50 million dirhams, Ali: 40 million dirhams, Sultan: 10 million dirhams

c)

Taif: 70 million dirhams, Ali: 20 million dirhams, Sultan: 10 million dirhams

d)

Taif: 40 million dirhams, Ali: 30 million dirhams, Sultan: 20 million dirhams