How can a business be classified by size?
Types of Business - Nature of Business

Quiz
•
Business
•
11th Grade
•
Medium
Clare Devlin
Used 23+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By the color of its logo
By the type of products sold
By the number of employees
By the CEO's age
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of a small business?
Operates globally
Less than 20 employees
More than 200 employees
Has unlimited shareholders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What defines a micro business?
More than 50 employees
Operates in multiple countries
Less than 5 employees
Has a large market share
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a global business?
Operates across the world
Operates in a single town
Has less than 10 employees
Sells only locally made products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector does farming belong to?
Primary industry
Tertiary sector
Quinary sector
Secondary industry
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of the quaternary sector?
Manufacturing
Hospitality
Natural resources
Information transfer
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean when a business is 'Incorporated'?
It cannot sell shares
It has unlimited liability
It is owned by a single person
It is a separate legal entity from the owners
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