GCSE Business Appropriate Form of Business Ownership

A self-employed window cleaner is most likely to be a ....

• Partnership

• Sole trader

• Limited company

• Public limited company

A business which has a huge amount of money invested in it is most likely to be a .....

• Limited company

• Partnership

• Sole trader

• Public Limited Company

A group of lawyers forming a business are most likely to form a .......

• Partnership

• Public limited company

• Private Limited company

• Co-operative

A business that wishes to attract a large number of outside investors should form a ............

• Public Limited Company

• Private Limited Company

• Co-operative

• Sole trader

The members of a partnership wish to have limited liability. They do not wish to make the business much larger. They should form a .....

• Co-operative

• Sole trader

• Public Limited Company

• Private Limited Company

Which type of business is likely to be able to grow most quickly?

• Franchise

• Sole trader

• Private Limited Company

• Co-operative

If the creator of a business wishes to retain control they should NOT form a ...

• Partnership

• Public Limited Company

• Private Limited Company

• Sole trader

A business which wants to help the community in which it is located should be a ...

• Public Limited Company

• Private Limited Company

• Sole Trader

• Co-operative

A social enterprise is a type of business which promotes the interests of ...

• The government

• The community

• Shareholders

• Business owners

To make maximum profit a business should be a .......

• Public Limited Company

• Co-operative

• Sole trader

• Partnership

Answer explanation

The most profitable businesses are those which attract the highest levels of investment. PLCs sell shares to investors to increase the size of their capital. Investment helps businesses to grow, increase their sales and make more profit.