Structure & Ownership Changes (Leaving Cert Business): Quizzes
📚Quizzes
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10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is privatisation?
What is privatisation?
Govt sells state-owned co to private investors
What is nationalisation?
What is nationalisation?
Govt takes control of privately-owned co
What corporation tax rate do private limited companies pay?
What corporation tax rate do private limited companies pay?
12.5%
Which progression represents a common growth pathway for raising finance?
Which progression represents a common growth pathway for raising finance?
Sole trader → partnership → private → PLC
Which is a benefit of privatisation?
Which is a benefit of privatisation?
Increased efficiency from profit motivation
Which is a benefit of nationalisation?
Which is a benefit of nationalisation?
Essential services prioritise public interest
Why do businesses move from unlimited to limited liability?
Why do businesses move from unlimited to limited liability?
To protect owners' personal assets
Which Irish company was privatised and sold to investors on the stock market?
Which Irish company was privatised and sold to investors on the stock market?
Eircom
How much did the govt inject to nationalise Anglo Irish Bank in 2008?
How much did the govt inject to nationalise Anglo Irish Bank in 2008?
€3.7 billion
How can sole traders gain new skills when changing structure?
How can sole traders gain new skills when changing structure?
Form partnerships to combine expertise