Types of organizations

Types of organizations

11th - 12th Grade

12 Qs

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Types of organizations

Types of organizations

Assessment

Quiz

Social Studies

11th - 12th Grade

Practice Problem

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Created by

Morten Wincent

Used 49+ times

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12 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

__________ are non-profit social enterprises that provide voluntary support for good causes

Partnerships

Charities

Corporations

Social enterprises

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

________ are for-profit enterprises set up, owned and operated by employees

State-owned enterprises

Public-private partnerships

Cooperatives

Corporations

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

__________ refers to a business that is owned by the shareholders. A certificate of incorporation gives the company a separate legal identity from its owners.

Public sector company

Social enterprise

Corporation

Partnership

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

______________ means that there is a legal difference between the owners of a company and the business itself, ensuring limited liability

Deed of partnership

Initial public offering (IPO)

Incorporation

State-owned enterprise

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

Occurs when a firm sells all or parts of the company to shareholders on a stock exchange for the first time

ROI

IPO

SCO

NGO

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

______________ is a restriction on the amount of money that owners can lose if the firm goes bankrupt

Unlimited liability

Personal liability

Limited liability

Shared liability

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

____________ are a type of private sector business owned by 2 - 20 people who share the responsibilities of running the business

Sole traders

Cooperatives

Partnerships

Private limited company

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