IGCSE Business Studies
Flashcard
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Michael Cardew
Used 4+ times
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48 questions
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1.
FLASHCARD QUESTION
Front
Unlimited liability
Back
Personal possessions CAN be taken to repay a debt
2.
FLASHCARD QUESTION
Front
What is a sole trader?
Back
One person who owns and runs a business
3.
FLASHCARD QUESTION
Front
What happens in the primary sector?
Back
Raw materials are sourced
4.
FLASHCARD QUESTION
Front
What happens in the secondary sector?
Back
Products are made
5.
FLASHCARD QUESTION
Front
What happens in the tertiary sector?
Back
Services provided to customers
6.
FLASHCARD QUESTION
Front
What sector would a SCHOOL be part of? Options: Primary, Secondary, Tertiary
Back
Tertiary
7.
FLASHCARD QUESTION
Front
Which sector would a CAR FACTORY be part of? Options: Primary, Secondary, Tertiary
Back
Secondary
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