Search Header Logo

BUSINESS STUDIES JSS.3

Authored by Abiodun Omole

Other, Business

9th Grade

Used 93+ times

BUSINESS STUDIES JSS.3
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business plan?

Written document that only outlines the business practices of the new business.

Written document that describes the financial aspects of the business.

Written document that only describes the ownership of the business.

Written document that describes all the steps necessary for opening and operating a successful business.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do you need a business plan?

To explain your idea

the ability to get financing.

it's a road map that sets objectives and goals for the business.

To help reduce the risk of business failure.

All of the above.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by the term production?

Changing raw materials into goods and service
What happens on a movie set
A small shop selling groceries
Producing products by recycling

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unlimited liability means?

The owner is personally liable to cover business debts and any costs the business can not cover

The owner(s) do not have to cover all business costs personally in the case of them being sued or going into debt

A corporation is not responsible for taking care of lawsuits

A sole Proprietorship will have enough money and coverage to pay any and all debts

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who buys goods and services is called a

Consumer
Producer
Server
Student

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Messengers riding bicycle or motorcycle to dispatch letter

Errand boys

Bicycle boys

Motorcyclist

Dispatch riders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying on credit means

paying immediately

hire purchase

paying later

paying in advance

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?