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WorksheetsS3 Business
Total questions: 20
Worksheet time: 11mins
External influences on a business refer to
Factors that are good for the business
Factors that are bad for a business
Factors that are outside the control of the business
Illegal actions by a business
Who is the Prime Minister of the UK?
Boris Johnston
Nicola Sturgeon
Rishi Sunak
Liz Truss
The main objective of the public sector is
to make a profit.
to provide a service.
to provide advice.
to pay dividends.
Glasgow City Council is an example of.....
a local authority
a national government
a panel
A percentage of money taken from individuals or businesses is referred to as
property tax
excise tax
income tax
sales tax
Which of the following industries is an example of a primary industry?
Coal Mining
House Building
Hotels
School
Identify the correct factor of production.
Individuals with great ideas and willing to take risks.
Natural resources
Labour
Capital
Entrepreneurship
Identify the correct factor of production.
Machinery and factories are?
Natural resources
Labour
Capital
Entrepreneurship
Businesses that operate in the tertiary sector provide:
Social services
Natural resources
Manufactured products
Services
What are the three sectors of industry?
First, Second and Third
Private, Public and Third
Primary, Secondary and Tertiary
Land, Labour and Enterprise
This word means "a picture, short film, song, etc. that tries to persuade people to buy a product or service"
modification
advertisement
liaison
inventory
If a company is _________, it means that it's known to be honest and do good work.
distributor
wholesaler
profitably
reputable
What do 4 P’s of the marketing mix stand for?
Product
Price
Promotion
Place
Planning
Product
The cost to the buyer of goods or services
Informing customers about products and persuading them to buy them
Where goods or services are available
Goods or services that are sold
