Not-For-Profit Businesses, Mutuals (AQA A-Level Business): Quizzes
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Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is another name for not-for-profit businesses?
What is another name for not-for-profit businesses?
Social enterprises
How is success measured in social enterprises?
How is success measured in social enterprises?
By social impact
Which is a main objective of social enterprises?
Which is a main objective of social enterprises?
Providing services to local communities
What does Jamie Oliver's 'Fifteen' restaurant chain primarily provide?
What does Jamie Oliver's 'Fifteen' restaurant chain primarily provide?
Catering training for disadvantaged youth
What does fair-trading involve?
What does fair-trading involve?
Paying producers above market price
Who owns mutuals?
Who owns mutuals?
Their customers or members
What happens to surplus income in mutuals?
What happens to surplus income in mutuals?
Reinvested to improve services for members
Which of these is an example of a mutual?
Which of these is an example of a mutual?
Building societies
What have many large mutuals converted to in recent decades?
What have many large mutuals converted to in recent decades?
Public limited companies
Why do mutuals often convert to PLCs?
Why do mutuals often convert to PLCs?
To raise capital for expansion