BTEC Enterprises 1A-B

BTEC Enterprises 1A-B

9th Grade

20 Qs

quiz-placeholder

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BTEC Enterprises 1A-B

BTEC Enterprises 1A-B

Assessment

Quiz

Business

9th Grade

Hard

Created by

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small to Medium Enterprises are enterprises which has ...

more than 500 members of staff

more than 250 members of staff

fewer than 250 members of staff

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Starbucks, Costa Coffee and Cafe Nero are all examples of what sort of enterprises?

Independent

Chains

Sole traders

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is customer retention important?

It ensures that the customer doesn't take their custom elsewhere as well as guaranteeing income.

It forces customers to stay with the enterprise and they cannot go elsewhere.

It's what the business manual says to do

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Profit means ...

Amount earned - overheads (building costs, wages, products)

Amount earned * overheads

Amount earned + overhead

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tesco Clubcard, Boots Advantage cards and Shell Go+ cards are all examples of ...

Feedback acquisition

Anticipating needs

Loyalty schemes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identifying 'gaps in the market' is important because

it allows enterprises to look at trends and not embed it in their growth strategy

it allows enterprises take an idea that no other enterprise is offering, which is likely to be of demand.

it allows enterprises to continue to operate with existing goods and services despite knowledge of a new, possibly successful idea.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Innovative is an example of

Mind set of an entrepreneur

Building a sales strategy based on existing customers

Skills for success

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Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

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Microsoft

Microsoft

Apple

Apple

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Others

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