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Business Management SAC Revision

Authored by Chris Letti

Business

KG - 12th Grade

22 Questions

Used 6+ times

Business Management SAC Revision
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1.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

What is an entrepreneur?

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How Many Sources of Business Opportunity are There?

6

7

5

4

3.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

What are the Sources of Business Opportunity?

4.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

What are the Personal Motivations Behind Starting a Business?

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is an Example of Fulfilling a Market Need?

The business owner may recognise that particular goods or services for which there is a demand are not available in a particular suburb or town.

Providing opportunities for local unemployed people

Developing skills, providing vocational training or lifelong learning opportunities for disadvantaged people in the community

Making environmental and community-friendly goods and services.

6.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

What is an Example of a Social Need?

Identifying an inefficiency in the market.

Creating access to a better quality of life for members of the community.

Focusing on waste minimisation and recycling.

An opportunity to appeal to a certain group of customers.

7.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

Why is it important for a business to set goals?

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