Paper 1 · June 2024 · Business Units
A diagram of business units in the private sector branches into sole proprietor, partnership, private limited companies and X. What does X represent?
Aparastatals
Bpublic corporations
Cpublic limited companies
Dutility companies
Explanation
The private sector holds businesses owned by private people, and the fourth kind alongside the sole trader, the partnership and the private company is the public limited company, whose shares anyone may buy. Parastatals, public corporations and utility companies belong to the public sector.
ZIMSEC Commerce 4049/01, June 2024, Q1