A university hospital.
A record store.
A shipping company.
A tax consultancy firm.
Modifying a product to tailor it to costumers wishes.
Purchasing from a selected group of suppliers to achieve bigger discounts.
Sending sales invoices more quickly.
Modifying a product to shorten processing times.
Extending discount to reliable costumers is a business tactic that can secure maximum profit.
The supply of public-sector goods is regulated through the market mechanism.
Non-profit organizations are economically independent, because they rely on contributions, donations, subsidies, legacies and so forth.
Companies tend to find it more difficult to transfer to other activities than non-profit organizations.
It is more difficult to measure the effectiveness of profit-based businesses than non-profit institutions.
Non-profit organizations always strive to operate as efficiently as possible.
Public-sector goods and services are provided by the government, because market mechanisms are not suitable for these goods and services.
A negative financial result for a non-profit organization does not necessarily imply that the organization has performed poorly.
The expect profit for next year.
The environment credentials of the business.
The main product groups offered by the business.
The groups of participants for which the business wants to improve the level of prosperity.
Service business tend to have relatively low labour costs.
A service business purchases hardly any raw materials.
With the mass production products are usually manufactured for stock and not to order.
The production process pf a trading company can be a conversion according to place.
Mass production.
Batch Production.
Job production.
Both statements are correct.
Both statements are incorrect
Statement 1 is correct, statement 2 is incorrect.
Statement 1 is incorrect, statement 2 is correct.
Brown and son partnership.
Johnston Ltd.
Harvey PLC.
Eastman LLC.
€ 100,000,-
€ 40,000,-
€ 50,000,-
Nothing.
€ 1 Million.
€ 100,000,-
€ 500,000,-
€ 550,000,-
A sole proprietorship is subject to corporate tax.
Under the imputation system, corporate tax is treated as a prepayment of income tax levies on the shareholders.
The 'company tax burden balance' aims at striking a balance between companies that are legal entities and those that are not.
The partners in a partnership are subject to income tax.
€ 152,000,-
€ 72,000,-
€ 224,000,-
€ 80,000,-
A limited partner in a partnership is liable for the partnership's debts.
LLCs and PLCs are both joint-stock companies.
Shareholders are not liable for the repayment of a company's debts.
Only public limited companies can have their shares traded at the stock exchange.
€ 190,-
€ 2,470,-
€ 3,520,-
€ 4,210,-
Competing businesses.
Businesses operating at the same stage of the production process.
Businesses operating at all stages of the production process of a single product.
Businesses operating in the same market sector.
Franchising.
A merger.
A takeover.
Cartelization.
To have a stronger bargaining position with regard to the trade unions.
To restrict competition.
To buy out competitors.
To start a new joint-stock company.
Oligopoly.
Monopoly.
Competitive Market.
All of the above mentioned.
Finance.
Management accounting.
Financial accounting.
Bookkeeping.
Provision of trade credit on the sale of goods.
Purchase of a new computer system.
Lease of trucks.
Sale of company premises.
Cost calculations.
Designing a budgeting system.
Disclosure of financial figures.
Make or buy decisions.
In financial accounting a company's management may resort to creative accounting.
The legal form of a business is not important to financial accounting.
Financial accounting is focused on the future.
Financial accounting only has an accountability function.
Company law influences the discipline of finance.
Organizational behavior influences the discipline of finance.
Management accounting provides basic data for bookkeeping.
Marketing is part of the discipline of management accounting.
Financial accounting.
Finance.
Management accounting.
Organizational behavior.