Business studies

An example for producer good is

• Tractor

• Newspaper

• Package holiday

• Meal at a restaurant

Which of the following is a non-

financial business objective

• Increase market share

• Independence and control

• Profit maximization

• Survival

A fast method of growth is a key advantage for which business structure

• Franchiser

• Partnership

• Franchisee

• Entrepreneur

Selling shares to the public for the first time to raise capital for a company called

• Flotation

• Prospectus

• Joint venture

• Venture Capital

Which document would be issued to a limited company giving it permission to trade

• Memorandum of association

• Articles of association

• Certificate of incorporation

• Prospectus

The transfer of public sector resources to private sector is called

• Nationalization

• Privatization

• Segmentation

• Rationalization

What is the most appropriate form of business for a multinational operator

• Partnership

• Public corporation

• Public limited company

• Social enterprise

Which of the following countries has most likely seen the sharpest decline in employment in the primary sector in the last 50 years

• USA

• Uganda

• Bangladesh

• Chad

An area of ground that was once used for urban development is called

• Brownfield site

• Enterprise zone

• Science park

• Greenfield site

Basic systems and structures that a country or organisation needs in order to work properly

• Technology

• Marketing

• Infrastructure

• Planning