3288234
Description
Quiz by 18tanjunga, updated more than 1 year ago
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Created by 18tanjunga
about 9 years ago
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Question 1
Question
What is the term used for "Private Limited Companies"
Answer
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PLC
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LTD
Question 2
Question
What are the 2 advantages of Limited Liability Companies
Answer
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More capital can be raised
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May be able to dominate the market
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Business will continue if a shareholder dies
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Shares can be bought and sold easily
Question 3
Question
What is meant by the term "Limited Liability"
Answer
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Owners have to pay the debts with their own money
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Owners does not have to pay debts with their own money
Question 4
Question
What makes a 'Going Public' process expensive
Answer
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There are advertising and administrative expenses
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Companies has to be big enough to be a public company and it requires money
Question 5
Question
What are the 2 disadvantages of Public Limited Companies
Answer
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Setting up costs can be very expensive
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More regulatory control due to Company Acts.
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Profits have to be shared between more members
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Takes time to transfer shares to new owner
Question 6
Question
What is a 'Joint Venture'
Answer
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Two or more companies share the costs and responsibilty
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Two or more companies merge both of the company's share
Question 7
Question
What are the disadvantages of 'Joint Venture'
Answer
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Disagreement may occur about the management
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They have to split the profit between investor
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Takeovers are very expensive
Question 8
Question
What are the advantages of Joint Venture
Answer
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Competitions may be eliminated
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Each business can specialize in their own aspects
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Joint Venture have low chance of succeeding
Question 9
Question
Which one is a Public limited company
Answer
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Facebook
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AMC (TV company)
Question 10
Question
What does 'Flotation' means
Answer
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The process of 'Going Public'
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The value of the share increases
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