Understanding Business Revision
Quiz
•
Business
•
10th Grade
•
Practice Problem
•
Medium
Used 332+ times
FREE Resource
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14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A want is something you need to survive?
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Food, water and shelter are examples of…..
Needs
Wants
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An example of a Good is a newspaper....
False
True
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Royal Bank of Scotland is an example of a Service.
False
True
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A Sole Trader is a business that is owned and controlled by one person.
Yes this is True
No this is False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In a Partnership, ownership and control of the business is shared between how many partners?
2 to 2,000
2 to 20
2 to 200
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many Factors of Production are there?
3
6
2
4
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