Business Questions

Group members: Camila Oñate, Mathías Lomas, Esteban Pinto, Emilio Maldonado and
José Martinez

1. What is not a reason to start up your own business?

a) Challenge
b) Innovation
c) Solving problems
d) Necessity

2. Which is the area of a nation's economy under private control rather than
governmental control?
a) Private Sector
b) Command economy
c) Public sector
d) Mixed economy

3. In which business sector does Coca Cola belong to?

a) Primary Sector
b) Secondary Sector
c) Tertiary Sector
d) Quaternary Sector

4. What is the definition of “mixed economy¨?

a) Economic system where the government plays the principal role.
b) Economy system where multiple companies participate in.
c) Economy system public and private enterprise elements
d) Economic system where the private sector plays the principal role.

5. Which is a strength of Public Limited Companies (PLC)?

a) Limited liability for their shareholders.
b) Profits are shared between shareholders.
c) Shares are not traded in the stock market.
d) They have Ltd after their name.

6. What are the three main types of profit based organizations?

a) Sold trader, corporations and entrepreneurs
b) Entrepreneurs, corporation and partnership
c) Sold trader, corporation and partnership
d) Intrapreneurs, corporations and entrepreneurs.

7. How would you define an intrapreneur?

a) Who improves the ideas, but does not create it
b) The person who creates the business idea,
c) The person that wants to solve a problem or necessity.
d) The person who creates a business.
8. What is the definition of the public sector?
a) Sale of a public sector organization to the private sector.
b) Business owned and controlled by a group of individuals,
c) Business owned and controlled by an individual.
d) Organizations that are financed and controlled by the government.