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Business Step by Step Quiz

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

What is an Enterprise?

a)

A business or organisation

b)

A starship

c)

A limited LTD company

d)

A business that is bankrupt

2.

What is an entreprenuer?

a)

Staff members

b)

A type of employee

c)

A person who starts a business themselves

d)

A person working for a business

3.

What does Obsolete mean?

a)

Out of date

b)

Replaced with an alternative

c)

Vintage

d)

A product that is new

4.

Which of these products are Obsolete?

a)

The laptop

b)

The mobile phone

c)

The Fax machine

d)

The pager

5.

M-Commerce means?

a)

Man Made sales

b)

Selling in a shop

c)

Sales via a mobile device

d)

Selling on email

6.

E-Commerce means?

a)

Telephone sales

b)

Selling in a shop

c)

Sales via door to door selling

d)

Selling online via the internet.

7.

Paypal / Apple Pay is an example of .............?

a)

Online bank

b)

Payment platform

c)

Electronic currency

d)

Bitcoin

8.

Why do businesses need to listen to their customers?

a)

To learn from customers to make improvements

b)

To develop the product

c)

To make them feel good about the product

d)

To increase engagement

9.

The domain where a product is bought and sold

a)

The area

b)

The warehouse

c)

The marketplace

d)

The storage depot

10.

What is Risk?

a)

Fear of going nto business

b)

Potentially losing money, or time on a business venture

c)

A venture that is profitable

d)

A business that operates in debt

11.

What is PRIMARY market research?

a)

Looking online for answers

b)

Making sure that young school children are asked their opinion.

c)

Information and research you collect yourself.

d)

Research before secondary

12.

Cash Flow is measure of what?

a)

Income and Outgoings

b)

Outgoings and debts

c)

Assets and Debts

d)

Wages and Tax

13.

Investment is what?

a)

Money put into a business

b)

Money taken from a business

c)

Money from a bank

d)

Loans from the government

14.

Start-up is what?

a)

A business person who sells online

b)

Opening a market store

c)

Starting a small business

d)

A market stall

15.

An example of an entreprenuer is.....

a)

Jeff Bezos

b)

Bill Gates

c)

Richard Branson

d)

Paul Pogba