King Charles welcomes Ugandan Asians at first major Buckingham Palace event

King Charles welcomes Ugandan Asians at first major Buckingham Palace event

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the concept of owning a business under a family member's name, the process of starting and selling a business, and the importance of reinvesting profits into new ventures.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason someone might start a business under a family member's name?

To gain trust from customers

To separate personal and business identity

To honor the family member

To avoid taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker imply about a successful business?

It requires a lot of employees

It is easy to achieve

It can be confirmed with a simple 'yes'

It needs a large investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential strategy after selling a business?

Retire and enjoy the profits

Start a new business with the proceeds

Invest in real estate

Donate the money to charity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'recycle the money' imply in a business context?

Saving profits for future use

Using profits to buy eco-friendly products

Donating profits to environmental causes

Reinvesting profits into new ventures

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might someone choose to start another business after selling one?

To avoid paying taxes

To keep busy during retirement

To continue generating income

To gain fame in the business world