Public limited companies (PLCs) (Edexcel GCSE Business): Quizzes
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Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What is a public limited company (PLC)?
What is a public limited company (PLC)?
A business that sells shares to the public
What is the process of becoming a PLC called?
What is the process of becoming a PLC called?
Stock market flotation
What percentage of ownership is typically sold to the public when a company becomes a PLC?
What percentage of ownership is typically sold to the public when a company becomes a PLC?
Around 30%
What is the key difference between PLCs and private limited companies?
What is the key difference between PLCs and private limited companies?
PLCs have unrestricted public capital access
How does limited liability protect PLC shareholders?
How does limited liability protect PLC shareholders?
Personal assets protected if business fails
Which benefit helps PLCs secure better deals with suppliers?
Which benefit helps PLCs secure better deals with suppliers?
Better negotiating power
What is a major advantage of PLC status for company growth?
What is a major advantage of PLC status for company growth?
Can raise substantial capital from investors
How does PLC status help with international expansion?
How does PLC status help with international expansion?
Substantial capital makes it easier
What regulatory drawback do PLCs face?
What regulatory drawback do PLCs face?
Complex accounting and reporting procedures
What takeover risk do PLCs face?
What takeover risk do PLCs face?
Others can buy shares to take control
What financial privacy issue affects PLCs?
What financial privacy issue affects PLCs?
Competitors can access detailed information
How can public shareholders influence PLCs?
How can public shareholders influence PLCs?
Through voting rights on major decisions