
Business Management SAC Revision
Authored by Chris Letti
Business
KG - 12th Grade
Used 6+ times

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22 questions
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1.
FILL IN THE BLANKS QUESTION
5 mins • 1 pt
What is an entrepreneur?
(a)
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How Many Sources of Business Opportunity are There?
6
7
5
4
3.
FILL IN THE BLANKS QUESTION
5 mins • 1 pt
What are the Sources of Business Opportunity?
(a)
4.
FILL IN THE BLANKS QUESTION
5 mins • 1 pt
What are the Personal Motivations Behind Starting a Business?
(a)
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 BLANKS QUESTION
5 mins • 1 pt
Why is it important for a business to set goals?
(a)
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