Business week 1 UGIC
Authored by Evdokia Stergiopoulou
Business
University
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A …....., also known as a sole proprietorship, is a simple business structure in which one individual runs and owns the entire business.
sole trader
shareholder
board of directors
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ….. is a legal arrangement that allows two or more people to share responsibility for a business. Those partners share the ownership and profits.
capital
shareholder
partnership
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ........ is an organisation owned by shareholders who have each invested a sum into the business.
public limited company
private limited company
non profit organisation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A(n) ........ is a business that is managed by directors and owned by shareholders. It can offer shares to the public.
public limited company
private limited company
incorporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ..... is one that is not driven by profit but by dedication to a given cause that is the target of all income beyond what it takes to run the organization.
non profit organisation
capital
partnership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The term '...............' refers to businesses that have no affiliation to the government and that are privately owned.
public sector
private sector
assets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ........ is comprised of businesses that are owned, controlled and funded by the government.
private sector
sole trader
public sector
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