Business Studies Quiz - Private, Public and Global Enterprises
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Preview questions
1. Which of the following is a characteristic of private enterprises?
Owned by government · Profit motive · Public accountability · Limited liability
2. What is the primary objective of public enterprises?
Maximizing profit · Providing public welfare · Reducing competition · Increasing market share
3. Which of the following is NOT a type of public enterprise?
Departmental undertakings · Public corporations · Joint ventures · Government companies
4. What is a key feature of global enterprises?
Local market focus · Limited geographical presence · International operations · Government ownership
5. Which type of enterprise is characterized by collective ownership?
Private limited company · Public limited company · Cooperative society · Sole proprietorship
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