Business Studies Quiz - Private, Public and Global Enterprises
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Preview questions
1. What is a characteristic of private enterprises?
Owned by the government · Profit-oriented · Non-profit organization · Publicly accountable
2. Which of the following is a type of public enterprise?
Cooperative society · Private limited company · Government company · Partnership firm
3. What is the primary objective of public enterprises?
Maximizing profit · Providing services to the public · Increasing market share · Attracting foreign investment
4. Which of the following is NOT a feature of private enterprises?
Limited liability · Profit motive · Government ownership · Flexibility in operations
5. What is the main advantage of public enterprises?
High profitability · Social welfare · Limited competition · Flexibility in decision-making
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