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Unit 22 A1 – Features and organisation of sport and active leisure business Flashcards | StudBud
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Unit 22 A1 – Features and organisation of sport and active leisure business
Unit 22 A1 – Features and organisation of sport and active leisure business
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Level 3 BTEC National Sport Unit 22 Business in Sport
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
A business is owned and run by its members is known as what?
Public Limited Company
Co-operatives
Partnership
Private Limited Company
2
This business arrangement is used when two or more people come together to form a business.
Private Limited Company
Partnership
Co-operatives
Public Limited Company
3
Limited liability is ....
A shareholder is responsible for what money they put into it
The company covers the debt not the individual
If a company gets into debt they do not pay
An individual does not have to pay for any debt
4
A business is owned and run by its members is known as...
Sole trader
Partnerships
Cooperatives
Limited liability
5
Which of the following is owned by an individual person or by a group of people?
Public
Voluntary
Private
6
This organisation promotes public health, education and relief from poverty
Voluntary
Private
Public
7
A medium business will employ how many staff?
10 - 49
250+
up to 9
50 - 249
8
This business is organised with shareholders who invest money to buy a share of the company.
Private Limited Company
Public Limited Company
Co-operatives
Partnership
9
Nike is an example of which type of business?
National
Multi-national
International
Local
10
Sports Direct is a......
Private Limited Company
Sole Trader
Partnership
Public Limited Company
11
A person running a small shop. This is known as.....
Sole Trader
Public Limited Company
Private Limited Company
Partnership
12
The difference between the size and the scope is .......
Size is number of employees, Scope how far the business goes
The size is how many shops/coaches, scope how many employees
Size is how big, Scope is how many people are employed
13
These companies tend to be larger businesses with shares offered for sale to the general public
Private Limited Company
Public Limited Company
Partnership
Sole Trader
14
Chelsea Football Club is a .........
Partnership
Private Limited Company
Public Limited Company
Co-operative
15
This type of organisation are set up and funded by the government
Public
Private
Voluntary