Private, Public and Global Enterprises Quiz
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1. What is the primary objective of private enterprises?
Social welfare · Profit maximization · Public service · Community development
2. Which of the following is a characteristic of public enterprises?
Owned by private individuals · Funded by government · Limited liability · Profit-oriented
3. What type of enterprise is owned and operated by the government?
Private enterprise · Public enterprise · Global enterprise · Cooperative enterprise
4. Which of the following is NOT a feature of private enterprises?
Flexibility in operations · Government control · Profit motive · Limited liability
5. What is the main aim of global enterprises?
Local market dominance · Maximizing global profits · Community service · Government funding
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