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BGE INTRO TO BUSINESS

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

A good thing about buying online is...

a)

It is open 24/7

b)

You can get scammed

c)

It is expensive

2.

Which 'P' from the marketing mis is being describe?

"How much it costs to purchase a product"

a)

Product

b)

Price

c)

Place

d)

Promotion

3.

Which 'P' from the marketing mis is being describe?

"How consumers find out about your product/service "

a)

Product

b)

Price

c)

Place

d)

Promotion

4.

Which 'P' from the marketing mis is being describe?

"Where a business chooses to set up"

a)

Product

b)

Price

c)

Place

d)

Promotion

5.

Target market means...

a)

A group of consumers who buy products at a market. 

b)

A group of consumers that a product is aimed at. 

c)

Dividing consumers up into group. 

6.

Give an example of a target market.

4 lines
7.

An entrepreneur is: 

 

“A person who sets up a business and takes risks in the hope of making money”. 

a)

True

b)

False

8.

A partnership is an agreement between two or more people to manage a business and share its profits. 

a)

True

b)

False

9.

Which sector of economy does this business belong in?

a)

Public

b)

Private

c)

Third/Voluntary

10.

Which sector of economy does this business belong in?

a)

Public

b)

Private

c)

Third/Voluntary

11.

TV adverts is 1 way that a business can promote a product. Name 2 other ways they can promote their products.

4 lines
12.

Is the picture 'labour intensive' or 'capital intensive'?

a)

Labour Intensive

b)

Capital Intensive

13.

Is the picture 'labour intensive' or 'capital intensive'?

a)

Capital Intensive

b)

Labour Intensive

14.

Select the right definition of a sole trader.

a)

A person who owns a business and keeps all profits after tax is paid. 

b)

A person who works for a business. 

c)

A person who works for a charity. 

15.

Select 2 examples of infrastructure below.

a)

Road

b)

Parks

c)

Bridges

d)

Shops