S3 Winter Code Blizzard Level
Quiz
•
Business
•
6th - 8th Grade
•
Medium
Susan Watson
Used 6+ times
FREE Resource
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26 questions
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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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