N5 Business Management - Understanding Business

Which sector of the economy is owned and controlled by the government?

• Public

• Private

• Third

Which sector of the economy would a supermarket business operate?

• Public

• Private

• Third

Which business is an example of a public sector organisation?

• Supermarket

• Charity shop

• NHS Scotland

Which of the following items is NOT a need?

• Mobile phone

• Water

• Shelter

In which sector of the economy would a social enterprise operate?

• Public

• Private

• Third

Which sector of industry is concerned with extracting raw materials from the land?

• Primary

• Secondary

• Tertiary

Which sector of industry manufactures finished products?

• Primary

• Secondary

• Tertiary

Which sector of the economy has the main aim of maximising profits?

• Private

• Public

• Third

In which sector of industry would a hairdresser operate?

• Primary

• Secondary

• Tertiary

Which of the following is NOT a good?

• Car

• Haircut

• Mobile phone