WorksheetsS3 Business Management
Total questions: 37
Worksheet time: 22mins
Which of these is NOT part of the chain of production.
land
labour
entrepreneur
Enterprise
______ is the place or space where a business is located.
Labour
Land
Capital
Enterprise
__________ is any of the physical or mental work involved in making a product.
Land
Labour
Enterprise
Capital
___________ is the money used to make a good or service.
Land
Labour
Capital
Enterprise
____________ is the action of combining the other three factors of production to make a product
Land
labour
Capital
Enterprise
Businesses that operate in the tertiary sector provide:
Social services
Natural resources
Manufactured products
Services
An automotive business like Jaguar Land Rover operates mainly in the:
Public sector
Secondary sector
Tertiary sector
Primary sector
What are the three sectors of industry?
First, Second and Third
Private, Public and Third
Primary, Secondary and Tertiary
Land, Labour and Enterprise
3 types of Tertiary jobs are
Teachers, lawyers and doctors
Lawyers, Doctors and Construction Workers
Construction Workers, Lawyers and Teachers
Teachers, Doctors and Construction Workers
Agriculture is in which sector?
Primary
Secondary
Tertiary
Quarternary
A person who is associated with starting a business is know as
Merchant
Entrepreneur
Salesman
Businessman
True or False. Only adults can be entrepreneurs. Kids are too young.
True
False
What entrepreneur qualities do YOU need ?
Determination
Self-discipline
Team-working skills
All of the above
Can entrepreneurs be high risk takers?
Yes
No
What is ONE quality of an entrepreneur
flexibility
money
honesty
attitude
Is the iPhone X an invention or innovation?
innovation
invention
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
Unlimited liability affects what two types of businesses?
Sole traders
Partnerships
Private limited companies
Public limited companies
What sector of economy does this fall under?
Private
Public
Third
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
What sector of economy does Nando's belong to?
Private
Public
Third
This organisation comes under what sector of industry?
Private
Public
Third
