WorksheetsBS_EX_Q2_X
Total questions: 10
Worksheet time: 10mins
What is the term to call a good or service which people like but is not essential to living?
Want
Need
Priority
Business
Which one of these is not the ways to increase added value?
Branding
Product Features
Convenience
Reduce cost
Which one of these is the example of tertiary sector?
Which one of the following statements is not the characteristics of business enterprises in the private sector?
Provide the goods/services based on consumer choices
The owners make all the decisions
Financed mainly through taxation
Financed mainly through profit
Which on of these is not the content of business plan?
Marketing Plan
Financial Forecast
Unrealistic objectives
Detail of product
Which one of these is the reason why business may fail?
Detailed Objectives
Poor planning
Increase in profit
Increase in market share
What is the term to call a business that have legal identity separate from its owners?
Unincorporated business
Incorporated business
Private limited company
Public limited company
Which type of business organisation that owned by two or more people?
Joint venture
Partnership
Sole trader
Private company
What is objectives?
general statement of what would like to achieve
statement of a specific target to be achieved
the to do list to reach the goals
tag line of the organisation
Which one of these is the internal stakeholder?
Supplier
Customer
Employee
Lenders/Creditors
