Business Types and Characteristics Quiz

What is a local business?

• A business that sells worldwide

• A business that operates in one town or city

• A business with branches across the UK

• A business with shops in many countries

Which of these is a local business?

• A corner shop in Colchester

• Microsoft

• Coca Cola

• Amazon

What is a national business?

• A business that sells in one street

• A business that trades only in the UK

• A business with customers in many countries

• A business with one shop in London

Which of these is a national business?

• Tesco

• Greggs (UK-wide bakery chain)

• McDonald’s

• Apple

What is an international business?

• A business that trades in more than one country

• A business that trades in one village

• A business run by one person only

• A business that sells only online

Which of these is an international business?

• Tesco

• A local bakery

• A single hair salon

• A newsagent in your street

Which of these is a global business?

• McDonald’s

• Tesco

• Both A and B

• A family café

Which is an advantage of being an international business?

• Selling to more customers

• Lower profits

• Fewer opportunities

• Less brand recognition

Which is a disadvantage of being an international business?

• More customers

• More language and culture problems

• Higher brand awareness

• Easier supply chains

Which word means businesses trading all around the world?

• Localisation

• Globalisation

• Communication

• Specialisation