N5 Business Management
Flashcard
•
Business
•
10th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
Oxfam is a charity that operates in the Third Sector. Identify 2 other Sectors of Economy: Primary and Secondary, Primary and Tertiary, Private and Public, Private and Third.
Back
Private and Public
2.
FLASHCARD QUESTION
Front
Give a description of the Private Sector.
Back
Owned by private individuals who aim to make a profit.
3.
FLASHCARD QUESTION
Front
Enterprise is a Factor of Production. Identify the other Factors of Production.
Back
Land, Labour and Capital
4.
FLASHCARD QUESTION
Front
Identify an example of an Entrepreneur.
Back
5.
FLASHCARD QUESTION
Front
This external factor looks at the trends and beliefs of the customer.
Back
Social
6.
FLASHCARD QUESTION
Front
Identify an internal stakeholder.
Back
Employee
7.
FLASHCARD QUESTION
Front
Identify an internal factor of an organisation.
Back
Technology
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