
AQA Document Comprehension Quiz

Quiz
•
Business
•
10th Grade
•
Hard

Nicky Bryan
FREE Resource
87 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a reason for starting a business?
To fulfill a business opportunity
To provide a good or service to benefit others
To avoid all forms of work
To supply goods or services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is considered a factor of production?
Land
Marketing
Advertising
Customer service
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used to describe the cost of the next best alternative that is forgone when making a decision?
Opportunity cost
Fixed cost
Variable cost
Total cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector involves businesses that provide services rather than goods?
Tertiary sector
Primary sector
Secondary sector
Quaternary sector
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of an entrepreneur?
Willingness to take a risk
Prefers routine and avoids change
Dislikes innovation
Avoids responsibility
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the dynamic nature of business?
Businesses must adapt to changes in technology, economic situation, legislation, and environmental expectations.
Businesses always remain the same over time.
Businesses only focus on producing goods.
Businesses never face competition.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person wants to start a business to be their own boss and have flexible working hours. Which objective of an entrepreneur does this describe?
To be their own boss and have flexible working hours
To avoid all forms of responsibility
To work for someone else
To reduce innovation in the market
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