Business Step by Step Quiz

What is an Enterprise?

• A business or organisation

• A starship

• A limited LTD company

• A business that is bankrupt

What is an entreprenuer?

• Staff members

• A type of employee

• A person who starts a business themselves

• A person working for a business

What does Obsolete mean?

• Out of date

• Replaced with an alternative

• Vintage

• A product that is new

Which of these products are Obsolete?

• The laptop

• The mobile phone

• The Fax machine

• The pager

M-Commerce means?

• Man Made sales

• Selling in a shop

• Sales via a mobile device

• Selling on email

E-Commerce means?

• Telephone sales

• Selling in a shop

• Sales via door to door selling

• Selling online via the internet.

Paypal / Apple Pay is an example of .............?

• Online bank

• Payment platform

• Electronic currency

• Bitcoin

Why do businesses need to listen to their customers?

• To learn from customers to make improvements

• To develop the product

• To make them feel good about the product

• To increase engagement

The domain where a product is bought and sold

• The area

• The warehouse

• The marketplace

• The storage depot

What is Risk?

• Fear of going nto business

• Potentially losing money, or time on a business venture

• A venture that is profitable

• A business that operates in debt