Business Studies - Nature of Business

Business Studies - Nature of Business

Assessment

Flashcard

Business

11th Grade

Hard

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12 questions

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1.

FLASHCARD QUESTION

Front

Items that can be seen and touched are known as...

Back

Goods

2.

FLASHCARD QUESTION

Front

People who are part owners of a company are known as...

Back

Shareholders

3.

FLASHCARD QUESTION

Front

Someone who starts, operates and assumes the risk of a business is known as an...

Back

Entrepreneur

4.

FLASHCARD QUESTION

Front

A business with less than 20 employees can be classified as a...

Back

Small business

5.

FLASHCARD QUESTION

Front

Qantas would be classified as which size of business? Options: Small, medium, large, extra large

Back

large

6.

FLASHCARD QUESTION

Front

Services that have been traditionally been performed at home are part of which industry?

Back

Quinary

7.

FLASHCARD QUESTION

Front

A business that is owned and operated by a single person is known as a...

Back

Sole trader

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