Font size
WorksheetsFirst Half-Term in Business 2022!
Total questions: 23
Worksheet time: 16mins
An entrepreneur needs which attribute to help them in business?
Greed
Stubbornness
Determination
Shy
You invested £10,000 into the stock market, buying into different companies. What are you actually buying?
Bonds
Bitcoin
Shares
Loans
The person who buys a product is called a
(a)
Somebody who consumes a product or service is called a
(a)
Which answer is NOT a way to add value to your business?
Branding
Price
Quality
Convenience
Goods are often
Tangible
Intangible
Services are often
Tangible
Intangible
IPOD Touch, DVD's and standalone radios are good examples of products that there is no longer demand for. We call these...
(a)
The first "driverless" taxi has just been launched! Have how they added value to their product (make it attractive to buyers)
USP
Price
Branding
Customer service
What T (begins with T!) is a major contributor to new business ideas been created?
(a)
George P has just launched his own brand of clothing "Fret". George wants to be in control of his work/life balance and being able to manage his work day more efficiently.
What is the MAIN reason for starting his business?
Earn more money
Be his own boss
pursue an interest
work more flexible hours
We have briefly discussed some of the main headlines this term, what is meant by the term of inflation?
The value of all good and services that a country produces added up.
The general increase in price of goods and services in the economy
The general increase of tax on products
The increase in employment levels across the UK
Isaac have just opened up his 5th barbers shop. Isaac's experience was mainly self-taught but has invested in going on high level training courses with top barbers. This has helped Isaac to go on and win industry awards.
How has Isaac added value to his business to give him a competitive advantage?
Convenience
USP
Quality
Customer Service
You carried some dual coding this term for a new topic we are coming on to. (different ways to setup your business)
Click the correct ones
Sole trader
private limited company
partnership
Multinational
A continuous production of a similar product all day is referred to as?
Batch
Repetitive
Job
Flow
When doing your dual coding for business setups, you would of came across the term "LIABILITY" what does this mean?
If refers to the level of employees you can have
It is the level of debt you are responsible for in your business
It is the level of abilities you have in the workforces
It is the level of lies the boss can tell.
Eden has setup up a fashion boutique in Norwich. Her first month of trading can be seen here. How much profit did she make?
Sales of items (Revenue)= £1200
Costs of materials= £250
Rent for the shop = £500
(a)
Click the needs we have as customers? (more than 1!)
Price
Choice
Quality
Convenience
When Ashley Mount/Corey was trying to launch his new garage, he came up with new ideas/USP's to help him offer something different. He was trying to get a
com.........................................ad..............................
(a)
What are demographics?
Demonstrations held by wild apes looking to fight for their freedoms
Statistics that describe the amount of sales in a business
Statistics that describe populations and their characteristics.
Demo Graphics generated by businesses for social media
What has to be broken before you can use it?
(a)
I'm tall when I am young and short when I am old, what am I?
(a)
What is full of holes but still holds water?
(a)
![REVISION 1 : TOPIC 7,8&9[AR,INVENTORIES & NCA]](https://cf.quizizz.com/image/image-loader.svg)
