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WorksheetsUnit 1 Business Management - Business Size and Activity
Total questions: 10
Worksheet time: 6mins
Any activity that is conducted by an individual or individuals to produce and sell goods and services is called....
work
making sales
a business
making profit
Size, Sector and Business Activity are all methods of .....
measuring profit
measuring costs
determining structure
classifying businesses
Which options help measure the size of a business. Select the best 2 options.
revenue
number of owners
type of products produced
type of services provided
Woolworths would be classified as...
small
small/medium
large
A Hairdressing salon would be small because....
it has 20-199 employees
it has 20 or less employees
it has a large market share
it is owned and operated by thousands of shareholders
The proportion of sales in a given market or industry is called...
total revenue
market share
profit
share market
Qantas is classified as...
small
small/medium
large
Qantas is large because....
it has 20-199 employees
it has a small share of the marked
it is independently owned and operated
it is a public company
If you are a small business
You finance generally comes from the owner
you have 20-199 employees
you have a large market share
you are a public company
Annual turnover means
the amount of expenses paid during the year
the amount of assets owned by the business
the total amount of sales
the number of employees who leave the business
