10 Questions
What is the main advantage of a Public Limited Company (PLC) in terms of capital?
Large amount of capital raised
Which type of business organization has a separate legal identity from that of its owners?
Limited company
What is the significance of market share for a company?
It indicates the percentage of total industry sales earned by the company
What is a key disadvantage of a Private Limited Company (Ltd) in terms of profit?
Profit is shared
What is a characteristic of a Worker Cooperative that distinguishes it from other business organizations?
Operated and owned by its workers
What is a key advantage of a Private Limited Company (Ltd) in terms of liability?
Limited liability
What distinguishes a Public Limited Company (PLC) from a Private Limited Company (Ltd) in terms of market dominance?
Can dominate the market
What is a characteristic of Worker Cooperatives that sets them apart from other business organizations?
Shared profit
What is the significance of financial information for a Private Limited Company (Ltd)?
Has to be made public
What is a key advantage of a Multinational company in terms of operations?
Significant production or service operations in at least 2 different countries
Test your knowledge of business organizations and concepts with this quiz on limited companies, multinational corporations, market share, dividends, and private limited companies. See how well you understand these key terms and their significance in the business world.
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