WorksheetsExploring Business Failures & Successes
Total questions: 15
Worksheet time: 8mins
Which of the following is a type of business failure
Realisation
Partnership
Voluntary Cessation
Bankruptcy Order
_______ is the process of bringing a business to an end and distributing its assets to claimants
Administration
Realisation
Cessation
Liquidation
Lack of Management Expertise is evident when the business
Spends too much money on marketing
Does not spend enough time in the business
Fails to prepare a business plan
Employs too many workers
Only businesses who sell products can fail
True
False
What do you think caused the bankruptcy of America's largest toy store Toys R Us?
Failure to provide convience
Competitor pricing
Failure to keep up with growing technology
All of the above
Which of these companies was the main hub for movie rentals that went out of business as new technology developed
Blockbuster
Redbox
Netflix
Napster
What is the name of the business that first introduced a smartphone
Blackberry
Android
iPhone
Samsung
Which camera company failed to expand their technology and ultimately suffered the consequences
Polaroid
Nikon
Panasonic
Canon
This company let Steve Jobs have much of the key research that helped launch Apple's success
IBM
Xerox
Microsoft
Dell
Which of the following might be used by a business to help measure customer satisfaction
Online survery
Cash flow forecast statement
Sales forecast
Labour turnover
Which business failed because it failed to respond to the success of the iPhone
Motorola
Blackberry
Ericson
Nokia
Employees might measure the success of a business by looking at
Net profit margin
Dividend growth
Job security
Turnover
This company became the first one to achieve a stock market valuation of $1 million trillion
Amazon
Saudi Aramco
Apple
Alphabet
This company turned down the opportunity to buy Netflix
Blockbuster
Disney
Microsoft
20th Century Fox
Which of the following is a possible cause of business failure owing to ineffective marketing
Over borrowing
Charging a price that is too high
Investing too much in fixed assets
Relocating production to a country where wages are lower
