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WorksheetsBusiness Studies Presentation
Total questions: 10
Worksheet time: 9mins
Name
Class
Date
1.
How many people can be in a partnership?
a)
2
b)
2-10
c)
2-20
d)
200
2.
what is unlimited liability?
a)
Personal possessions CAN be taken to repay a debt
b)
Personal possessions CANNOT be taken to repay a debt
3.
What is a sole trader?
a)
One person who works for a business
b)
One person who sues a business
c)
One person who leaves a business
d)
One person who owns and runs a business
4.
What does LTD stand for?
a)
Public Limited Company
b)
Private Limited Company
5.
What happens in the primary sector?
a)
Raw materials are sourced
b)
Products are made
c)
Products/services provided to customers
6.
What sector would a SCHOOL be part of?
a)
Primary
b)
Secondary
c)
Tertiary
7.
Which of the following is an example of a risk?
a)
Income
b)
Progression
c)
Control
d)
Less Time
8.
What is tax?
a)
Money paid to businesses
b)
Money paid to the government
c)
Money paid to employees
d)
Monday paid to homeless people
9.
Leadership style that listens to employees and encourages their opinions.
a)
Democratic
b)
Laissez Faire
c)
Autocratic
d)
Paternalistic
10.
Entrepreneurs tend to be cautious.
a)
True
b)
False
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