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Business Ownership, Control, and Finance Assessment

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Which key difference distinguishes a Plc (Public Limited Company) from an Ltd (Limited Company)?

a)

The board of directors structure

b)

The ability to trade shares on the stock market

c)

The number of employees

d)

The amount of profit generated

2.

In a Public Limited Company (Plc), who is responsible for day-to-day operations?

a)

The shareholders

b)

The board of directors

c)

The general public

d)

The government

3.

How often do shareholders in a Plc typically get to voice their opinions?

a)

Monthly meetings

b)

Quarterly meetings

c)

At the Annual General Meeting

d)

Bi-annual conferences

4.

In a Limited Company (Ltd), how are shares typically distributed?

a)

Through the stock market

b)

Among family members

c)

To public investors

d)

To government officials

5.

Who owns public sector organizations like the NHS?

a)

Private shareholders

b)

Local trustees

c)

The Government

d)

International investors

6.

How is decision-making typically handled in the NHS?

a)

By private shareholders

b)

By local area health trusts

c)

By international committees

d)

By individual hospitals only

7.

Who controls registered charities in the voluntary sector?

a)

Government officials

b)

Board of trustees

c)

Public shareholders

d)

Private investors

8.

What is a key characteristic of private sector business control?

a)

Government oversight

b)

Public voting

c)

Board of directors decision-making

d)

Charitable trustee management

9.

How do public sector businesses primarily receive their funding?

a)

Through share sales

b)

From government budgets

c)

From private investors

d)

Through corporate sponsorships

10.

What is a significant source of funding for voluntary sector organizations?

a)

Stock market investments

b)

Government contracts

c)

Corporate profits

d)

Donations and National Lottery funding

11.

In a Plc, what role do shareholders play in business operations?

a)

Daily management

b)

Weekly decision-making

c)

Annual voting at AGM

d)

Monthly financial planning

12.

How is control typically structured in family-run Ltd companies?

a)

Through public shareholders

b)

By private family shareholders

c)

By government regulators

d)

Through public trustees

13.

What distinguishes the voluntary sector's control structure?

a)

Profit-driven decision making

b)

Government control

c)

Trustee-based governance

d)

Shareholder voting

14.

Which source of finance is NOT typically associated with private sector businesses?

a)

Sale of shares

b)

Bank loans

c)

Government budgets

d)

Business profits

15.

How are NHS funds typically allocated?

a)

Through stock market investments

b)

By area-specific budgets

c)

Through private donations only

d)

By international funding

16.

What is a key characteristic of Ltd company share ownership?

a)

Traded on public markets

b)

Held privately within family

c)

Owned by government

d)

Controlled by trustees

17.

How do public sector organizations typically make local decisions?

a)

Through shareholder votes

b)

By devolved local authorities

c)

Through private boards

d)

By international committees

18.

What is a primary source of charitable organization funding?

a)

Government taxes

b)

Corporate profits

c)

Stock market trading

d)

Public donations

19.

In terms of control, what makes the NHS different from private businesses?

a)

Local trust decision-making

b)

Shareholder control

c)

Private ownership

d)

Corporate structure

20.

Which sector relies most heavily on government funding for operations?

a)

Private sector

b)

Voluntary sector

c)

Public sector

d)

Mixed sector