Prelim Business - Nature of
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11th - 12th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not a function of a business?
to innovate
entrepreneurship
Improve the environment
wealth creation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is in the primary industry sector?
A service business
Acquisition of raw materials
The transformation of a raw material into a semi-finished product
an information based service
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is in the quinary industry sector?
A service business
Acquisition of raw materials
The transformation of a raw material into a semi-finished product
an information based service
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partnership is an incorporated business.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of an internal influence on a business is?
legislation
the economy
competition
a product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The third stage of the BLC is known as...
establishment
maturity
renewal
steady state
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following defines a merger?
two business agreeing to join to form a new organisation
one business buys another business
a company sells their assets
a business establishes from no pre-existing business
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