Cottage Industry and Small Business Module Review
Authored by Kerwin Alexander
Business
7th Grade - University
Used 11+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Benefits of growth to the firms that originate from the organisation itself
Internal economies of scale
External economies of scale
Internal diseconomies of scale
External diseconomies of scale
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Disadvantages of growth to the firms that originate from the organisation itself usually carry up the cost of production
Internal economies of scale
External economies of scale
Internal diseconomies of scale
External diseconomies of scale
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select all the internal economies of scale
Marketing
Human Resource
Technical
Financial
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Larger firms can attract and afford more skilled and qualified leaders ________
Marketing
Managerial
Technical
Financial
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A business that is owned by a private individual and has a relatively low number of employees and sales
Cottage industry
Micro Industry
Small Business
Macro Business
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A business or manufacturing activity carried on in people's homes
Cottage industry
Micro Industry
Small Business
Macro Business
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The lowest level of production necessary for survival
Subsistence Production
Domestic Production
Tertiary Production
Export Production
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