Chapter 01 - Morrison - Gbe 4e

10 Questions

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Chapter 01 - Morrison - Gbe 4e


Questions and Answers
  • 1. 
    What is the name of Google’s parent company?
    • A. 

      Facebook

    • B. 

      Alphabet

    • C. 

      Aspire

    • D. 

      Google Inc

  • 2. 
    Which of the following is the odd one out?
    • A. 

      Oxfam

    • B. 

      Greenpeace

    • C. 

      General Motors

    • D. 

      The Red Cross

  • 3. 
    Which of the following are not stakeholders of a company?
    • A. 

      Employees of the company

    • B. 

      Customers of the company

    • C. 

      The community where the company is based

    • D. 

      Employees of a rival firm

  • 4. 
    A ‘franchisee’ is defined as…
    • A. 

      An owner of a brand who licenses businesses to trade under that brand

    • B. 

      A business owner who pays fees to the owner of the brand

    • C. 

      A brand owner who lets others use the brand

    • D. 

      A person who is a sole trader

  • 5. 
    Sustainability is distinctive in taking into account which of the following?
    • A. 

      Community interests

    • B. 

      Future generations

    • C. 

      Charities

    • D. 

      Employee interests

  • 6. 
    The medium-size company consists of a maximum of how many employees?
    • A. 

      30

    • B. 

      40

    • C. 

      60

    • D. 

      249

  • 7. 
    Which of the following rights would an ordinary shareholder not expect?
    • A. 

      Vote in the Annual General Meeting

    • B. 

      Receive dividends

    • C. 

      Have a say in management

    • D. 

      Vote on directors of the company

  • 8. 
    Which of the following is a criterion for a public limited company?
    • A. 

      All the shares must be offered to the public

    • B. 

      The company must be owned by the state

    • C. 

      A portion of the shares must be offered to the public

    • D. 

      The government controls the company

  • 9. 
    Which of the following best describes a non-executive director?
    • A. 

      A person who sits on the company’s board as someone independent of the owners

    • B. 

      A person who sits on the company’s board as someone independent of the owners and managers

    • C. 

      A person who sits on the board, but is not an employee of the company

    • D. 

      A person who is paid a fee for sitting on the company’s board

  • 10. 
    What is the main characteristic of the chaebol in South Korea?
    • A. 

      They are large companies

    • B. 

      They are family-owned business groups

    • C. 

      They are controlled by the government

    • D. 

      They attract many small investors