Grade 11 Business Review

Grade 11 Business Review

11th Grade

7 Qs

quiz-placeholder

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Grade 11 Business Review

Grade 11 Business Review

Assessment

Quiz

Social Studies

11th Grade

Easy

Created by

Callum Mckeown

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a characteristic of an entrepreneur?

Risk taking

Having lots of money

Self motivation

Innovation

Multi-skilled

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it difficult for a new business to gain finance?

Lack of trading record

Limited personal finance

Lack of awareness of how to gain financial support

All of the above

3.

OPEN ENDED QUESTION

3 mins • 1 pt

List the four factors of production.

Evaluate responses using AI:

OFF

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TRUE OR FALSE. A Private Limited Company can sell shares on the open market.

True

False

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are two advantages of being a sole trader?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are two disadvantages of being a sole trader?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TRUE OR FALSE. Public limited companies benefit access to substantial capital sources through the stock exchange.

True

False