1. What Is Business?

1. What Is Business?

10th - 12th Grade

10 Qs

quiz-placeholder

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1. What Is Business?

1. What Is Business?

Assessment

Quiz

Other

10th - 12th Grade

Medium

Created by

Whitley Bay

Used 439+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a disadvantage of a private limited company (ltd)?

Finance can be raised by selling shares

Limited liability

Original owners retain control of the company

Shares are sold privately

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following is an element of the external environment?

Product portfolio

Machinery and equipment

Employees

Interest Rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ordinary shares traded on the stock exchange are those issued by:

Sole traders

Private limited companies

Public limited companies

Public sector organisations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following will be a variable cost for a coffee shop?

Ingredients for the cups of coffee

Salary paid to the manager

Advertising costs

Rent paid for the premises

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The sales revenue for a market has grown by 2% in 2016 compared with sales of £670 million in 2015. What is the new sales revenue for the market?

£13.4 million

£672.0 million

£683.4 million

£1340.0 million

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Market capitalisation is the total value of a company’s:

Assets

Dividends paid to shareholders

Shares, based on the current share price

Shares, based on the original share price

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public limited companies usually pay ordinary shareholders their share of the profits in the form of:

Inventory

Dividends

Fixed interest payments

Retained profits

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