Chapter 3_Business Studies
Authored by Camila Paez
English
9th - 12th Grade
Used 1+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
How do you call the people who start their own business?
(a)
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Tick all the characteristics a successful entrepreneur must have.
Innovative
Hesitant
Self-confident
Risk-taker
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What's a business plan?
A detailed written document outlining the purpose and aims of a business which is often used to persuade lenders or investors to finance a business proposal.
A project or business which entrepreneurs start up.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Why is it important for entrepreneurs to have a business plan? Tick all the correct options.
It can be used to persuade lenders to provide finance.
It gives the business a sense of purpose and direction.
It helps the business know the market.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TRUE OR FALSE: Old businesses do not need a business plan.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Are start-up businesses beneficial to a country's economy?
Yes
No
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Measuring business size: Choose the term that refers to the value of long-term finance invested in things that a business needs before it can produce goods and services.
Value of output
Number of employees
Capital employed
Market share
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