Business Studies Grade 7 Formal and Informal Businesses
7th Grade
•10 Qs
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Business Studies Grade 7 Formal and Informal Businesses
Quiz
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Other
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7th Grade
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Practice Problem
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Medium
Maria Pulinckx
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Access to business loans
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Little chance of business growing or being stable
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
No or minimal costs to establish
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Tax and levies increase business costs
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Do not get taxed due to not being registered
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Attract skilled or highly-skilled employees
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Access to larger consumer markets
Informal Business Advantage
Informal Business Disadvantage
Formal Business Advantage
Formal Business Disadvantage
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