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Test: Business Organizations- 6 - CA CPT MCQ


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15 Questions MCQ Test - Test: Business Organizations- 6

Test: Business Organizations- 6 for CA CPT 2024 is part of CA CPT preparation. The Test: Business Organizations- 6 questions and answers have been prepared according to the CA CPT exam syllabus.The Test: Business Organizations- 6 MCQs are made for CA CPT 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Business Organizations- 6 below.
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Test: Business Organizations- 6 - Question 1

The best definition of a sole trader form of business organisation is:

Test: Business Organizations- 6 - Question 2

One of the claimed advantages of a sole trader business is that:

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Test: Business Organizations- 6 - Question 3

One of the disadvantages of a sole trader business is that:

Test: Business Organizations- 6 - Question 4

One of the advantages of a partnership form of business organisation is that:

Test: Business Organizations- 6 - Question 5

Which of the following is NOT a feature of a private limited company?

Test: Business Organizations- 6 - Question 6

Which of the following statements best applies to a public limited company (plc)?

Test: Business Organizations- 6 - Question 7

The main reason why the owners of many private limited companies convert into public limited companies is because:

Test: Business Organizations- 6 - Question 8

One of the main drawbacks of many public limited companies is that:

Test: Business Organizations- 6 - Question 9

Which of the following statements about most public limited companies is true?

Test: Business Organizations- 6 - Question 10

Which of the following statements about co-operative business organisations is true?

Test: Business Organizations- 6 - Question 11

One of the reasons for a business buying a franchise is because:

Detailed Solution for Test: Business Organizations- 6 - Question 11

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.

Test: Business Organizations- 6 - Question 12

One of the advantages to a business of selling a franchise is that:

Test: Business Organizations- 6 - Question 13

The best definition of nationalisation is:

Test: Business Organizations- 6 - Question 14

All of the following are claimed advantages of joint ventures except:

Test: Business Organizations- 6 - Question 15

All of the following are claimed advantages of public corporations except:

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