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Chapter 4 (Edexcel International Business Studies)
Descripción
Quick Quiz -Limited Liability Companies-
Sin etiquetas
igcse
year 11
business studies
Test por
18tanjunga
, actualizado hace más de 1 año
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Creado por
18tanjunga
hace alrededor de 9 años
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Resumen del Recurso
Pregunta 1
Pregunta
What is the term used for "Private Limited Companies"
Respuesta
PLC
LTD
Pregunta 2
Pregunta
What are the 2 advantages of Limited Liability Companies
Respuesta
More capital can be raised
May be able to dominate the market
Business will continue if a shareholder dies
Shares can be bought and sold easily
Pregunta 3
Pregunta
What is meant by the term "Limited Liability"
Respuesta
Owners have to pay the debts with their own money
Owners does not have to pay debts with their own money
Pregunta 4
Pregunta
What makes a 'Going Public' process expensive
Respuesta
There are advertising and administrative expenses
Companies has to be big enough to be a public company and it requires money
Pregunta 5
Pregunta
What are the 2 disadvantages of Public Limited Companies
Respuesta
Setting up costs can be very expensive
More regulatory control due to Company Acts.
Profits have to be shared between more members
Takes time to transfer shares to new owner
Pregunta 6
Pregunta
What is a 'Joint Venture'
Respuesta
Two or more companies share the costs and responsibilty
Two or more companies merge both of the company's share
Pregunta 7
Pregunta
What are the disadvantages of 'Joint Venture'
Respuesta
Disagreement may occur about the management
They have to split the profit between investor
Takeovers are very expensive
Pregunta 8
Pregunta
What are the advantages of Joint Venture
Respuesta
Competitions may be eliminated
Each business can specialize in their own aspects
Joint Venture have low chance of succeeding
Pregunta 9
Pregunta
Which one is a Public limited company
Respuesta
Facebook
AMC (TV company)
Pregunta 10
Pregunta
What does 'Flotation' means
Respuesta
The process of 'Going Public'
The value of the share increases
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