1.2 Types of Organisations Review

Question 1

Which of following best describes a microfinance provider?

Accepted Answer

Organisations such as Grameen Bank which provide microcredit loans, Providing financial services to those who have limited financial means

Question 2

Which of the following are considered other organisations?

Accepted Answer

Social Enterprise

Question 3

Which non-profit organisations receive tax advantages under UK law because they act in the 'public benefit'?

Accepted Answer

Charity

Question 4

Which of the following is an advantage of being a sole trader

Accepted Answer

Complete Control

Question 5

The Salvation Army is a charity?

Accepted Answer

True

Question 6

Does the type of ownership of an organisation can affect the organisational culture and its approach to business ethics.

Accepted Answer

True

Question 7

Is there such thing as a governmental cooperative?

Accepted Answer

False

Question 8

Is it possible for cooperatives to make revenue?

Accepted Answer

True

Question 9

Organisations within this sector focus on profits

Accepted Answer

Private Sector

Question 10

There is a fourth category when looking at types of organisations

Accepted Answer

False

Question 11

What is a disadvantage of a Public Limited Company

Accepted Answer

Dilution of Shares

Question 12

Do Limited Private Companies have unlimited liability?

Accepted Answer

False

Question 13

Which of the following best describes a PPP?

Accepted Answer

Arrangements were the public sector enlists the help of the private sector

Question 14

Which sector is created typically to provide public goods?

Accepted Answer

Public Sector

Question 15

All three types of for-profit organisations can be considered a social enterprise

Accepted Answer

True

Questions 15