OTHM Level 3

OTHM Level 3

University

10 Qs

quiz-placeholder

Similar activities

Class The Company Change

Class The Company Change

University

10 Qs

Users of accounting information

Users of accounting information

11th Grade - University

9 Qs

Intro to Business

Intro to Business

University

15 Qs

Topic 4 - DPB3043

Topic 4 - DPB3043

University - Professional Development

10 Qs

Concept of Entrepreneurship

Concept of Entrepreneurship

University

10 Qs

Organizational Structure MBA

Organizational Structure MBA

University

10 Qs

IMR652 Quiz 2 Week 2-Business Structure

IMR652 Quiz 2 Week 2-Business Structure

University

10 Qs

Basic Finance

Basic Finance

University

10 Qs

OTHM Level 3

OTHM Level 3

Assessment

Quiz

Business

University

Medium

Created by

chami shehani

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

What is the main difference between a business and an organization?

A business aims to make a profit, while an organisation may not

A business is always large, while an organization is always small

An organisation only operates in the public sector

A business cannot have stakeholders

2.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

Which of the following is NOT a legal business structure?

Sole Proprietorship

Partnership

Limited Liability Company (LLC)

Cooperative Corporation

3.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

What is the primary purpose of a non-profit organisation?

To maximize profit for shareholders

To provide goods and services for free

To serve a social cause without the goal of profit

To avoid paying taxes

4.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

What is the key characteristic of a public sector business?

It is owned and controlled by private individuals

It is always focused on generating profits

It is funded and operated by the government

It is focused only on international markets

5.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

Which stakeholder is most concerned about business profitability?

Customers

Employees

Government

Shareholders

6.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

How does a flat organizational structure differ from a hierarchical one?

A flat structure has more management levels

A hierarchical structure has fewer levels of management

A flat structure has fewer management levels and promotes open communication

A hierarchical structure does not have any managers

7.

MULTIPLE CHOICE QUESTION

10 sec • 10 pts

What does the PESTLE framework help businesses analyze?

Internal business strengths

External business environment factors

Employee productivity

Customer satisfaction

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?