Grade 9 - GCSE Chapter 3 - 4

Grade 9 - GCSE Chapter 3 - 4

9th Grade

10 Qs

quiz-placeholder

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Grade 9 - GCSE Chapter 3 - 4

Grade 9 - GCSE Chapter 3 - 4

Assessment

Quiz

Business

9th Grade

Practice Problem

Hard

Created by

James Lumley

Used 12+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a characteristic of an entrepreneur?

Independent

Takes risks

Follows instructions

Self confident

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these should we find in a new business plan?

Profits

Target market

Taxes

Market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the best reason a government might give a start up tax free status for a year?

reduce unemployment

increase competition

to benefit society

increase output

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these cannot be used to measure the size of a business?

number of workers

value of sales

value of capital employed

value of profits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of external growth means the business is trying to integrate retail sales with production?

Internal growth

horizontal integration

vertical integration

conglomerate integration

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not a reason businesses can often remain small?

Market size

Owner's own objectives

Overexpansion

Type of industry

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole trader is different than a partnership, because it limits the sole trader's liabilities.

True

False

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