Question # 1: a) Who controls the company? (3 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… b) Define limited company. (2 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… c) Differentiate between Public and Private limited company. (4 Pts.) Private Limited company Public Limited company d) What is an AGM? (2 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… Question#2: a) How social enterprise is different from normal enterprise? (3 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… b) What is a franchise? Give two examples of the franchise businesses. (4 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… c) Identify two advantages and two disadvantages of franchise business. (4 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… d) Differentiate between franchisor and franchisee. (3 Pts.) ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… Question#3: Choose the correct answers (5 Pts.) 1) A business that is owned by group of shareholders is known as sole trader. True False 2) Franchisee provide fee to the franchisor to buy the license. True False 3) Shares of private limited company is bought and sold on stock exchange. True False 4) Social enterprises work for profit maximization. True False 5) Directors of public limited company are voted by shareholders. True False
