VCE BM Unit 3 AOS 1 (kk 1-4)

What is the role of stakeholders in a business?

Which business objective focuses on meeting the needs of customers and the market?

A public listed company can issue shares to the general public.

Which is a benefit of a Public Listed Company?

Which of the following is NOT a type of business?

Which type of business has unlimited liability?

What is a major limitation of a Partnership?

A business objective is to improve efficiency by maximizing resources

What type of business is owned by shareholders but not traded on the stock market?

In which type of business do the owners have limited liability?

Which type of business best balances fulfilling a social need and increasing profit?

What is the maximum number of owners for a Private Limited Company in Australia?

What could be a potential conflict between managers and employees?

A sole trader is looking to expand into a partnership to reduce risk. What is one potential conflict they might face?

Which of the following is an example of a social enterprise?

Which interest is likely a priority for managers?

What is a drawback of a Social Enterprise in terms of financing?

Which stakeholder conflict involves dividend expectations and wage demands?