BUSINESS ORGANIZATION – WRITTEN TEST
Name: Surname: Class: Date:
Time: 60 minutes
Total marks: 30
1. Multiple Choice (6 points – 1 point each)
Choose the correct answer.
1. A sole trader is a business that is:
a) Owned by the government
b) Owned by one person
c) Owned by shareholders
d) Managed by a board of directors
2. In a partnership, partners usually:
a) Have limited liability
b) Do not share profits
c) Share profits and responsibilities
d) Work only as employees
3. The main advantage of a limited company is:
a) Unlimited liability
b) Simple decision-making
c) Limited liability
d) No taxes
4. A multinational company:
a) Operates in only one country
b) Is owned by one person
c) Operates in several countries
d) Is always a small business
5. The CEO is responsible for:
a) Managing daily office tasks
b) Leading the entire company
c) Checking accounts only
d) Advertising products
6. Shareholders are people who:
a) Manage employees
b) Work in the HR department
c) Own shares of a company
d) Pay company debts personally
Name: Surname: Class: Date:
Time: 60 minutes
Total marks: 30
1. Multiple Choice (6 points – 1 point each)
Choose the correct answer.
1. A sole trader is a business that is:
a) Owned by the government
b) Owned by one person
c) Owned by shareholders
d) Managed by a board of directors
2. In a partnership, partners usually:
a) Have limited liability
b) Do not share profits
c) Share profits and responsibilities
d) Work only as employees
3. The main advantage of a limited company is:
a) Unlimited liability
b) Simple decision-making
c) Limited liability
d) No taxes
4. A multinational company:
a) Operates in only one country
b) Is owned by one person
c) Operates in several countries
d) Is always a small business
5. The CEO is responsible for:
a) Managing daily office tasks
b) Leading the entire company
c) Checking accounts only
d) Advertising products
6. Shareholders are people who:
a) Manage employees
b) Work in the HR department
c) Own shares of a company
d) Pay company debts personally
