The best definition of a sole trader form of business organisation is:
One of the claimed advantages of a sole trader business is that:
One of the disadvantages of a sole trader business is that:
One of the advantages of a partnership form of business organisation is that:
Which of the following is NOT a feature of a private limited company?
Which of the following statements best applies to a public limited company (plc)?
The main reason why the owners of many private limited companies convert into public limited companies is because:
One of the main drawbacks of many public limited companies is that:
Which of the following statements about most public limited companies is true?
Which of the following statements about co-operative business organisations is true?
One of the reasons for a business buying a franchise is because:
Franchising allows bigger businesses to branch out and grow while giving people the opportunity to run their own business with the help and support of a larger company that has a proven formula for success.
One of the advantages to a business of selling a franchise is that:
The best definition of nationalisation is:
All of the following are claimed advantages of joint ventures except:
All of the following are claimed advantages of public corporations except: