Types of Enterprise (Junior Cert Business Studies): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What is enterprise?
What is enterprise?
Ability to come up with ideas & take risks
Which three qualities does enterprise involve?
Which three qualities does enterprise involve?
Creativity, opportunity recognition, risk
What are the three main types of enterprise?
What are the three main types of enterprise?
Financial, social, and cultural
What is the primary goal of a financial enterprise?
What is the primary goal of a financial enterprise?
Generating profit for owners/shareholders
Which of these is an example of a financial enterprise?
Which of these is an example of a financial enterprise?
SuperValu
How do financial enterprises benefit society through taxation?
How do financial enterprises benefit society through taxation?
Corporation tax, income tax & VAT fund services
How many employees can businesses supported by LEOs have?
How many employees can businesses supported by LEOs have?
Up to ten employees
How do social enterprises differ from traditional charities?
How do social enterprises differ from traditional charities?
They don't rely on donations
What do social enterprises do with their surplus income?
What do social enterprises do with their surplus income?
Reinvest it into their social mission
Which organisation is an example of a social enterprise?
Which organisation is an example of a social enterprise?
FoodCloud
What is the primary motivation of cultural enterprises?
What is the primary motivation of cultural enterprises?
Cultural rather than financial
Which agency is the national body for developing and promoting the arts in Ireland?
Which agency is the national body for developing and promoting the arts in Ireland?
The Arts Council of Ireland