Types of Busoness Organisation

Pregunta 1 de 12

1

What is a sole trader?

Selecciona una de las siguientes respuestas posibles:

A business run by many stakeholders
A business run by two or more people but not more than twenty
A business owned and managed by one person

Explicación

Pregunta 2 de 12

1

Rellena los espacios en blanco para completar el texto.

Advantages of Sole traders.

1. and dissolution: very easy to form.
2. the business is owned and controlled by a single person. this means they can make decisions and you can respond quickly to competitors.
3. : sole traders have the least amount of paperwork to deal with and lower overhead
4 and risk: sole trader keeps all profit after are paid.

Explicación

Pregunta 3 de 12

1

Two advantages of setting up as a sole trader are: there are long working hours and sole traders have unlimited liability

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 4 de 12

1

A partnership is two or more people (but less than 30) who are in a business together in order to make a profit.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 5 de 12

1

All companies and co-operatives set up in Ireland must register with the Companies Registration Office (CRO).

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 6 de 12

1

A is a business owned by investors called .

Selecciona una de las siguientes respuestas posibles:

public limited company / shareholders
private limited company / shareholders
Sole trader / directors
private limited company / directors

Explicación

Pregunta 7 de 12

1

____________________ are businesses that are democratically owned and controlled by their members who may be the firm's workers, suppliers or customers.

Selecciona una de las siguientes respuestas posibles:

Public limited company
private limited company
Co-operatives
Partnerships

Explicación

Pregunta 8 de 12

1

Selecciona la opción correcta de los menús desplegables para completar el texto.

A ( public, private ) limited company like Glanbia has to have at least ( seven, two ) shareholders. there is no maximum number of shareholders. the biggest difference between a ( public, private ) limited company and a ( public, private ) limited company is that the ( profit, shares ) in a public limited company can be sold on the ( stock market., share market )

Explicación

Pregunta 9 de 12

1

Strategic alliances are agreements between businesses to co-operate in the establishment of a project or business together

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 10 de 12

1

Franchising means renting a complete business formula out to someone else

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 11 de 12

1

A business that changes its legal structure will see a decrease in finance, skills and will see bigger risks in regards business expansion.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 12 de 12

1

public-private partnerships are new commercial state enterprises that are undertaken as joint ventures with the private sector e.g. toll brdges on motorways

Selecciona uno de los siguientes:

VERDADERO
FALSO

	Creado por megan murphy hace más de 7 años

Quiz on LC Business Unit 6 - Types of Business Organisations

Types of Busoness Organisation

Pregunta 1 de 12

What is a sole trader?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 2 de 12

Rellena los espacios en blanco para completar el texto.

Explicación

Pregunta 3 de 12

Two advantages of setting up as a sole trader are: there are long working hours and sole traders have unlimited liability

Selecciona uno de los siguientes:

Explicación

Pregunta 4 de 12

A partnership is two or more people (but less than 30) who are in a business together in order to make a profit.

Selecciona uno de los siguientes:

Explicación

Pregunta 5 de 12

All companies and co-operatives set up in Ireland must register with the Companies Registration Office (CRO).

Selecciona uno de los siguientes:

Explicación

Pregunta 6 de 12

A________________________ is a business owned by investors called ________________________.

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 7 de 12

____________________ are businesses that are democratically owned and controlled by their members who may be the firm's workers, suppliers or customers.

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 8 de 12

Selecciona la opción correcta de los menús desplegables para completar el texto.

Explicación

Pregunta 9 de 12

Strategic alliances are agreements between businesses to co-operate in the establishment of a project or business together

Selecciona uno de los siguientes:

Explicación

Pregunta 10 de 12

Franchising means renting a complete business formula out to someone else

Selecciona uno de los siguientes:

Explicación

Pregunta 11 de 12

A business that changes its legal structure will see a decrease in finance, skills and will see bigger risks in regards business expansion.

Selecciona uno de los siguientes:

Explicación

Pregunta 12 de 12

public-private partnerships are new commercial state enterprises that are undertaken as joint ventures with the private sector e.g. toll brdges on motorways

Selecciona uno de los siguientes:

Explicación

A is a business owned by investors called .