
Enterprise
Authored by Sarah O'Brien
Business
4th Grade
Used 2+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What proportion of UK businesses are SMEs?
Over 50%
Over 70%
Over 90%
Over 99%
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
SMEs are
Small to medium sized enterprises
Small to modern sized enterprises
Small to medium sized companies
Simple to media sized enterprises
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Goods are...
Something that humans cannot live without such as food and clothing
Something a human desires such as designer clothes
A physical product such as a car
An intangible product (ie something that you cannot touch) such as financial advice or a bus journey
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Services are...
Something that humans cannot live without such as food and clothing
Something a human desires such as designer clothes
A physical product such as a car
An intangible product (ie something that you cannot touch) such as financial advice or a bus journey
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Needs are...
Something that humans cannot live without such as food and clothing
Something a human desires such as designer clothes
A physical product such as a car
An intangible product (ie something that you cannot touch) such as financial advice or a bus journey
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Wants are...
Something that humans cannot live without such as food and clothing
Something a human desires such as designer clothes
A physical product such as a car
An intangible product (ie something that you cannot touch) such as financial advice or a bus journey
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Entrepreneurial motives are the reasons why people set up a business. They include:
profit maximisation
depreciation
oligopolies
extrapolation
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