Types of Business organisations

N2012/Q.5
(a) Describe the main features of (i) a co-operative and (ii) a public
corporation. [4]
(b) Explain to what extent (i) a co-operative and (ii) a public corporation
have profit maximization as an objective. [4]

J2012/Q.5
(a) Identify the differences between a partnership and a company. [4]

J2011/Q.1
(d) Explain two financial incentives, other than subsidies, which a government might offer
multinational companies to locate in its country. [4]
(e) Discuss whether a multi-national company which locates in a country will always be
advantageous to that economy. [8]

J2011/Q.5
The size of firms in the United Arab Emirates can vary enormously, from very small sole
proprietor businesses to very large public limited companies.
(a) Describe the disadvantages of a sole proprietor business. [4]
(b) Explain why a private limited company might wish to become a public limited company.
[6]

N2010/Q.4
In Brazil, firms vary in size from the very small to the very large.
(a) Describe the main characteristics of a multi-national company. [4]

J2010/Q.1
(c) Describe the main features of public limited companies. [3]

J2010/Q.4
In Nigeria, firms vary in size from the smallest businesses up to very large enterprises.
(a) Distinguish between a sole proprietor and a partnership. [4]
(b) Explain why a business might wish to change from a partnership to a private limited
company. [4]

N2009/Q.4
Cadbury, the chocolate manufacturer, declared to its shareholders profits of £69 million in
the first six months of 2007. However, in July 2007, floods in the UK severely damaged
farms. As a result, Cadbury had to pay £20 million extra for milk to make the chocolate in
addition to its annual milk cost of £150 million.
(c) Suggest, from the information given, what type of business organisation Cadbury is likely
to be. [4]

N2007/Q.2
A multi-national was described as a large company that employs people from different
countries and is controlled by a government.
(a) Explain whether this is a correct description. [4]
(b) If a company is large and employs many people it often has to deal with trade unions.
What is a trade union and what is its role in an economy? [6]
(c) How might a company become large? [4]
(d) Multi-national car companies are sometimes said to have economies of scale. Analyse
what this means for such companies. [6]

J2007/Q.2
Partnerships are owned by only two people while public companies are owned by the
government.
(a) Explain whether the above definitions are correct. [4]

N2003/Q.7
(c) Describe briefly the main types of business organisation and consider which of them is
likely to be the most significant in a developed economy. [10]