Al-Rowad International School Girls’ Section Humanities DEPARTMENT Second SEMESTER 2021 – 2022 Final term examination MODEL – B ANSWER KEY Duration : 1 hr Date: Grade :8 Total Marks: 16 Marks Secured: Subject: Business ********************************************************************** MODEL – B Answer key I. Multiple choice questions - (12x1=12) 1)b 2)c 3)b 4)c 5)b 6)d 7)c 8)b 9)a 10)b 11)c 12)a Page 1 of 2 II. Fill in the blanks (6x.5=3marks) 1. Local knowledge is an advantage for a joint venture company 2. Payments made to shareholders from the profits (after tax) of a Company is called dividends 3. Government is an external stakeholder of the business 4. A higher market share will lead to increase influence over customers. 5. The franchisee gets the license to operate business from the franchisor. 6. The environmental objective of social enterprise is to protect the environment. Dividends, License, market share, joint venture Company, environmental, external III. Answer any one of the below questions - (1 mark) Define Joint venture A joint venture is when two or more businesses agree to start a new project together, sharing the capital, the risks and the profits. OR Define dividend Dividends are payments made to shareholders from the profits (after tax) of a company. Page 2 of 2