WorksheetsS3 Business Management
Total questions: 34
Worksheet time: 17mins
Which is a need?
Tango Ice Blast
Coffee
Water
Fizzy Juice
Someone who buys goods or services is called a ____________________
producer
consumer
Labour
Labour
What are the three sectors of industry?
First, Second and Third
Private, Public and Third
Primary, Secondary and Tertiary
Land, Labour and Enterprise
Which of the following industries is an example of a primary industry?
Coal Mining
House Building
Hotels
School
Which of these statements describes the tertiary sector?
The sector that deals with energy companies such as oil and gas.
The sector that deals with private, public and third sector companies.
The sector that involves the provision of services.
The sector that manufactures products for sale.
Ahmed's fishing company who takes fish who have been caught and manufactures them into meals is in what sector?
Primary
Secondary
Tertiary
Public
A person who is associated with starting a business is know as
Merchant
Entrepreneur
Salesman
Businessman
What is the best definition for invention?
the creation of something new
the creation of something old
the creation of the wheel
the creation of something useful
What is the best definition for innovation?
the creation of something new
the improvement of something that already exists
the creation of something old
changing something that does not yet exist
Was the first iPhone an invention or an innovation?
innovation
invention
A all-in-one PC would be considered an
invention
innovation
Which founder of Apple was fired in 1985, only to be re-appointed as CEO in 1997 at the age of 42?
Steve Wozniak
Steve Jobs
Mark Zuckerberg
Who has been reported to be on track to be the world’s youngest self-made billionaire from her global cosmetics company?
Kylie Jenner
Rihanna
Selena Gomez
What entrepreneur qualities do YOU need ?
Determination
Self-discipline
Team-working skills
All of the above
How many sectors of economy are there?
3
4
2
Pick the three sectors of economy...
Private
Public
Third
Secondary
A sole trader operates in the...
Public sector
Private sector
Third sector
The private sector is funded by tax
True
False
What sector does Starbucks operate in?
Private
Public
Third
What sector does the Big Issue operate in?
Private
Public
Third
A private limited company is run by what...
A board of directors
Shareholders
The owner
The employees
What sector of economy does this fall under?
Private
Public
Third
They transport blood to different hospitals all over the UK. What sector of economy do they belong to?
Private
Public
Third
Pick the advantages of a sole trader is...
Decisions can be made quickly.
The sole trader keeps all of the profit made.
Can share the workload and responsibility.
Has to sign a large amount of legal documents.
A partnership has...
2-20 partners
2-16 partners
2-22 partners
2-18 partners
Who pays taxes to fund the public sector? Pick 2
The government
Businesses
Individuals
