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

Liam Clarke

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corporate objectives? thought that was called smart objectives?

Priya.K.Rai

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Very useful quick quiz thanks :) 

zara

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Thanks :)

tanaka

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really good

courteneybelle

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i swear corporate objectives are called SMART objectives???

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