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S3 Winter Code Blizzard Level

Authored by Susan Watson

Business

6th - 8th Grade

26 Questions

Used 6+ times

S3 Winter Code Blizzard Level
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do businesses exist

All to make a profit

To satisfy consumers needs & wants

In order to pass the time

All to help others

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The 3 Sectors of The Economy are

Public, Private & Third

Primary, Secondary, Tertiary

First, Second, Service

Sole Trader, Partnership, Ltd

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An advantage of being a Sole Trader is...

Freedom to make your own decisions

Unlimited Liability

Disagreements

Less investment available

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nike is in the...

Private Sector

Public Sector

Third Sector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of a Need

A holiday

Mobile Phone

Games Console

Food

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are Private Limited Companies owned by?

1 individual

A family

Shareholders

A company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shares in Private Limited Companies are sold ...

To businesses only

On the Stock Market

To friends and family

Never

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