Higher BM - Understanding Business

Higher BM - Understanding Business

5th Grade

31 Qs

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Higher BM - Understanding Business

Higher BM - Understanding Business

Assessment

Quiz

Business

5th Grade

Medium

Created by

Business Education

Used 91+ times

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31 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four sectors of industry are...

Primary, Secondary, Third, Voluntary

Primary, Tertiary, Third, Secondary

Secondary, Tertiary, Primary, Quaternary

Quaternary, Tertiary, Voluntary, Secondary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The three sectors of the economy are...

Primary, Secondary, Tertiary

Private, Voluntary, Secondary

Public, Secondary, Third

Private, Public, Third

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the private sector are...

Sole Traders

Private Limited Companies

Government Organisations

Multinationals

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the public sector are...

National Government Organisations

Local Government Organisations

Social Enterprises

Agencies

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the third sector are...

Franchises

Social Enterprises

Charities

Clubs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A 'franchiser' is...

A person who invests large amounts of capital into growing a business

A person who sells a business to someone else

A person who pays a percentage of profit each year to own a business under someone else's name

A person who starts a business and provides a good/service supplied by another business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A 'multinational' is...

An organisation that is funded by Government grants

An organisation that operates in more than one country

An organisation that has more than one store in one country

An organisation that expands within the same country

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