Business Foundations Quiz
Authored by Peter ADAMS
Business
11th - 12th Grade
Used 32+ times
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20 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A sole trader has ............
Limited Liability
Has unlimited capital
Is simple to wind up
Must have a Registered Business name (RBN)
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
A partnership has ________ ________. This means the personal assests of the partners can be used to cover debt.
(a)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Private company has .......
Less than 60 shareholders
Have the letters LTD afer their name
Have a higher degree of government control
Can t be sued
4.
DRAW QUESTION
3 mins • 1 pt
Draw the Government Business enterprise LOGO of Australia Post
Answer explanation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government Business enterprise (GBE) ........
Dont have regular reporting requirements
Adopt a corporate model when operating
are not as concerned with profits
Engages in commercial activities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to how well a business uses its rescources to achieve objectives .......
staff satisfaction
effectiveness
customer satisfaction
Efficiency
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Typical Business Objectives include .......,
To make a Profit
To increase Market Share
Increase CSR responsibilities
To fulfill a social need
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