Quiz for:
1.2 Business

Question 1

What is a characteristic of a Public Limited Company (PLC) in terms of share trading?

Question 2

What is a key characteristic of incorporated businesses in terms of liability?

Question 3

What does the term 'dividends' refer to in the context of shares?

Question 4

Which type of organization focuses on community or social aims rather than profit-making?

Question 5

What is one of the challenges faced by sole traders due to being the single owner?

Question 6

How does supply and demand influence share prices in a public company?

Question 7

What is one primary disadvantage of a sole trader business form?

Question 8

What distinguishes mutual organizations from other business forms regarding benefits?

Question 9

What financial characteristics is disclosed to the public by Private Limited Companies (LTD)?

Question 10

In the context of business organizations, what does 'limited liability' mean?

Question 11

Why might a Public Limited Company (PLC) be vulnerable to takeovers?

Question 12

What occurs during a 'flotation' in the context of shares?

Question 13

What is market capitalization and how is it calculated?

Question 14

Which of the following features is a benefit of incorporating a business as a Private Limited Company (LTD)?

Question 15

Which entity in the public sector is likely owned and funded by the government?