Understanding Business Revision
Authored by Marion Templeman
Business
11th - 12th Grade
Used 25+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Factors of production are:
Land, Labour, Capital and Entrepreneur
Land, Labour, Capital and Enterprise
Land, Primary, Capital and Enterprise
Land, Private, Capital and Entrepreneur
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sectors of Economy are:
Private, Public and Third
Primary, Secondary, Tertiary
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A private limited company is owned by
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantages of a partnership are?
shared workload
arguements
shared profit
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A private limited company is ran by a board of
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not an objective (aim) of the private sector?
To maximise profits
To grow
To maximise sales
To raise awareness of their cause
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Stakeholders have an interest or _______on the business
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