in Business & Finance

DIFFERENT TYPES OF BUSINESS ORGANISATIONS & CORPORATE ENTITIES (QUIZ: Part One)

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Hi. This quiz covers different types of business organisations and corporate entities run globally in most nations of the world, regardless of their legal jurisdictions. Do enjoy completing the quiz; and afterwards do leave your score, comments and up-vote in the section below. Thanks. Good luck.

After playing this quiz, to view some more Business Quizzes, click below: 

Business Quiz: Part One – “12 Common Workplace Business Terms Which Everyone Must Know.”

Business Quiz: Part Two – “How to Analyse the Market Growth and Market Share of a Product, or Service.”

Business Quiz: Part Three – “More Workplace Business Terms You Must Know.” 

Business Quiz: Part Four – “10 Useful Business Principles, Everyone Must Know.”

Business Plans and Effective Business Planning – (QUIZ: Part One)

Business Plans and Effective Business Planning – (QUIZ: Part Two)

After completing these quizzes: – Click here to access some of my earlier blogs/quizzes in related subjects – and- “Enjoy 55 of My Excellent Exciting Quizzes Designed to Educate, Entertain and Motivate You” – Click here. Thanks.

  • Question of

    What is the name of a business entity that is directly and entirely owned by a single person, who runs the business; with, or without any staff, or any organization?

    • Enterprise
    • Franchise
    • Sole Proprietorship
    • Unlimited Company
  • Question of

    Which type of a business does not have a limited-liability status; but is owned by two or more individuals who may (or may not), have a written agreement setting out their roles, rights and responsibilities?

    • Cooperative
    • Company Limited By Guarantee
    • General Partnership
    • Holding Company
  • Question of

    What is the name of a company that owns enough voting shares (or stocks) in another firm; and as such, is able to control the management and operations of that 2nd company by influencing (or electing) its board of directors?

    • Subsidiary company
    • Franchise company
    • Parent company
    • Partnership company
  • Question of

    What is the name of a business entity that is set up through a system in which an entrepreneur purchases the rights to start-up, open and run the business from a larger corporation?

    • Cooperative
    • Franchise
    • Limited Partnership
    • Subsidiary Company
  • Question of

    What name is given to: ‘a limited-liability, for-profit, business entity; that is privately owned by its shareholders, who elect a board of directors to direct and run the organisation?

    • Company Limited By Guarantee
    • Private Limited Liability Company
    • Public Limited Liability Company
    • Unlimited Company
  • Question of

    What is the name of a limited-liability, business entity; that has members (but not shareholders) who share decision-making authority in running the organisation?

    • Company Limited By Guarantee
    • Cooperative
    • Private Limited Liability Company
    • Public Limited Liability Company
  • Question of

    Which type of a company is formed for non-commercial purposes; and the members, have no economic rights in the company and guarantee the payment of a nominal amount, if the company goes into insolvent liquidation?

    • Company Limited By Guarantee
    • Public Limited Liability Company
    • Private Limited Liability Company
    • Subsidiary Company
  • Question of

    What is the name of a privately owned, limited-liability, for-profit, business entity with publicly-held shares that are publicly traded (and listed) on a stock exchange?

    • Holding Company
    • Limited Partnership
    • Private Limited Liability Company
    • Public Limited Liability Company
  • Question of

    Which type of business entity has a legal structure that promotes the ideology of economic democracy?

    • Cooperative
    • Franchise
    • Private Limited Liability Company
    • Public Limited Liability Company
  • Question of

    Which type of company has a legal structure where the liability of members (or shareholders) for the debts (if any) of the company are not limited; and the doctrine of a veil of incorporation can not apply?

    • Limited Partnership
    • Parent Company
    • Subsidiary Company
    • Unlimited Company

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Written by Daniel Obiago

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