Cambridge International A Level · Business (9609)

Business structure: Practice Questions

5 multiple-choice questions marked as you go, and 3 written questions with worked solutions. All on Business structure.

8 questions15 marksFree, no account

Question 1

1 mark

Which of the following is a primary objective typically associated with public sector organisations?

Question 2

1 mark

Which of the following activities is most specifically classified within the quaternary sector of an economy?

Question 3

1 mark

A group of small independent retailers forms a purchasing co-operative. What is the most significant strategic advantage this business structure provides to the individual members?

Question 4

1 mark

What is a defining characteristic of a sole trader business structure?

Question 5

1 mark

A successful partnership decides to incorporate as a private limited company (Ltd).
Which of the following is a direct consequence of this change in business structure?

Question 6

2 marks

Identify the primary difference between a business in the private sector and one in the public sector in terms of their main source of funding and their primary objective.

Write your answer out first, then check it against the worked solution.

Question 7

3 marks

Explain how the legal status of a private limited company protects its shareholders if the business fails with unpaid debts of total value exceeding $ \$100,000 $.

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Question 8

5 marks

A partnership is planning to convert into a private limited company (ltd). Explain two legal and financial consequences for the owners regarding liability and share transfer restrictions after this conversion.

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