Unit 1 - Investigating People at Work
The questions are all about topics covered in unit 1 - Investigating People at Work.
- Created by: Rachel
- Created on: 28-04-10 16:05
Other questions in this quiz
2. What is a soletrader?
- A business run by shareholders.
- A business run by one person who makes all of the decisions, keeps all of the profit and faces unlimited liability.
- A business run by the government.
3. What is a corporate objective?
- Specific, Measurable, Achievable, Realistic, Time bound target that will help the business achieve it's long term vision.
- What the business wants to achieve in the long term.
4. Name two advantages of being a soletrader.
- You can keep all the profit and it is easy to set up.
- You can sell shares to raise finance and not be bossed around as you are your own boss.
5. What is the difference between a Plc and a Ltd?
- Plc's are owned and controlled by the government.
- You can sell shares if you are a Plc.
- Ltd's can only sell shares to friends and family whereas Plc's can sell shares to the public by selling them on the stock market.
- You can sell shares if you are a Ltd.
Comments
Report
Report
Report
Report
Report