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Worksheets

Business

Total questions: 60

Worksheet time: 20mins

Name
Class
Date
1.

Select all the qualities of entrepreneurs below?

a)

Hardworking

b)

Risk Taking

c)

Stubborn

d)

Over confident

e)

Organised

2.

How many people can be in a partnership?

a)

2

b)

2-10

c)

2-20

d)

2-100

3.

Which of these is not a typical aim of a business?

a)

Survival

b)

Growth

c)

Increase Market Share

d)

Lower Prices

e)

Social & Ethical

4.

Stakeholders are...

a)

Anyone who is affected by a business

b)

Anyone who invests in a business

5.

Less than half of all takeovers and mergers are successful.

a)

True - It is hard to make two different businesses work as one.

b)

False - It allows businesses to grow quickly and reduce costs.

6.

What would be a reason why a business would create a business plan?

a)

It is a legal requirement

b)

It costs time and money

c)

Banks are more likely to provide loans

d)

It will guarantee profit

7.

Which of the following is not a disadvantage of advancing technology for businesses?

a)

Can be expensive

b)

Need to train staff

c)

Out of date quickly

d)

Make processes faster

8.

How might a fine dining restaurant be affected by consumer incomes falling?

a)

Increased sales

b)

Decreased sales

9.

Which market has the most competition?

a)

Supermarkets

b)

Petrol Stations

c)

Car Manufacturers

d)

Restaurants

10.

Which is not a feature of contract of employment?

a)

Job Title

b)

Starting Pay

c)

Holidays

d)

Lunch Options

11.

Training benefits the employer because...

a)

Employees get paid more

b)

Employees become less productive

c)

Employees have up-to-date skills

d)

It is expensive

12.

What can a business sell?

a)

goods

b)

services

c)

goods and services

13.

How to prove your point of view?

a)

express your opinion

b)

cry

c)

provide facts and evidence

d)

be emotional

14.

Who is an entrepreneur?

a)

someone who works for a large company

b)

someone who studies business in University

c)

someone who starts their own business

15.

What is profit?

a)

the money you spend - the price you sell it for

b)

the price you sell if for- the money you spend

c)

the price you sell it for + the money you spend

16.

What are the examples of influence?

a)

Your brother tells you how awful this one singer is, and you stop listening to his music.

b)

Your teacher teaches you about animals. You are very interested, so you read a lot about animals at home now.

c)

Five new bakeries opened in the neighborhood. Now the little coffee shop has to close down, because they lost all their customers!

d)

All answers are correct

17.

Which sentences make sense?


John got a bank loan...

a)

...so he can open his own business.

b)

...so he doesn't need to borrow money from his cousin .

c)

...so he can become an entrepreneur.

d)

...so he's in debt now.

18.

What would make the presentation about your business better?

a)

Confidence

b)

Facts and evidence

c)

Samples, pictures, videos etc.

d)

All of the above

19.

Why do people get bank loans?

a)

to start heir own business

b)

to expand their business

c)

to never work again

d)

to be in debt

20.

What business is most likely to fail?

a)

a restaurant

b)

a school

c)

a cleaning service provider

21.

Being in debt means you...

a)

...open your own business

b)

...expand your business

c)

...have a large income

d)

...owe someone money

22.

Cost is ...

a)

...the money you have

b)

...how much you pay for something

c)

...the profit

d)

...your income

23.

You can buy goods

a)

at a store

b)

online

c)

at a market

d)

all of the above

24.

To determine means...

a)

...to start something

b)

...to decide something

c)

...to develop something

d)

...to fail at something

25.

To supply means...

a)

...to give people what they need

b)

...to invest in a business

c)

...to borrow money from someone

d)

...to expand a business

26.

Jane has to pay for many services and buy multiple goods every month. She has a lot of...

a)

...profit

b)

...loans

c)

...money

d)

...expenses

27.

What would make the presentation about your business better?

a)

Confidence

b)

Facts and evidence

c)

Samples, pictures, videos etc.

d)

All of the above

28.
The process of starting & operating one's own business.
a)
Entrepreneurship
b)
Entrepreneur
c)
Venture
29.
Who can own a small business?
a)
Only a college graduate
b)
Anyone
c)
Only someone with a lot of money
d)
Only smart people
30.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
31.
ALL entrepreneurs have a college degree.
a)
True
b)
False
32.
To show or explain in detail
a)
Describe
b)
Demonstrate
c)
Tell
d)
Find
33.
The activity of presenting products or services to customers
a)
selling
b)
producing
c)
marketing
34.
A new or different product
a)
Harvesting
b)
Innovation
c)
Opportunity
d)
Risk
35.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
36.

Tim: I tell people about different products. I work at a clothes shop. What am I?

a)

A salesperson

b)

A fashion designer

c)

A vet

d)

A lawyer

37.

Yang: I'm an astronaut, what do I do?

a)

Cure sick animals.

b)

Walk in space.

c)

Catch thieves.

d)

Interview famous people.

38.

Jody: I often interview Donald Trump. What am I?

a)

An architect.

b)

An astronaut.

c)

A reporter.

d)

A police officer.

39.

Sam: I design interesting buildings. What am I?

a)

A model.

b)

A flight attendant.

c)

A pilot.

d)

An architect.

40.

What does a composer do?

a)

writes articles

b)

writes music

c)

records own albums

d)

fights crime

41.

What does a fashion designer do?

a)

wears beautiful clothes

b)

sells dresses

c)

designs buildings

d)

designs clothes

42.

What does a reporter do?

a)

reports news on TV/ the radio

b)

interviews people

c)

writes novels

d)

writes news reports in newspapers and magazines

43.

What does a postman do?

a)

sell stamps

b)

delivers letters

c)

delivers parcels

d)

design envelopes

44.

What does a salesman do?

a)

starts a business

b)

tests products

c)

buys products

d)

sells products to customers

45.

What does a hairdresser do?

a)

cuts people's hair

b)

dyes people's hair

c)

styles people's hair

d)

designs hats

46.

What does a photographer do?

a)

performs on TV

b)

in charge of a film

c)

takes photos for newspapers/ magazines

d)

draws pictures for books

47.

What does a businessman do?

a)

checks money in the bank

b)

works in business

c)

sells products only

d)

serves food and drinks

48.

Who checks money records?

a)

a conductor

b)

a film director

c)

An engineer

d)

An accountant

49.

A manager is:

a)

A person responsible for running and coordinating the day-to-day administrative duties of an organisation.

b)

A person responsible for communicating the benefits of a company's products in order to drive sales

c)

A person who is responsible for running part of or the whole of a business organization.

50.

A Marketing manager is a person are responsible for running and coordinating the day-to-day administrative duties of an organisation.

a)

True

b)

False

51.

She is a sales representative.

a)

False.

b)

True

52.

An accountan is:

a)

A professional trader who buys and sells shares on behalf of clients.

b)

A person responsible for running and coordinating the day-to-day administrative duties of an organisation.

c)

A professional who performs accounting functions such as account analysis, auditing, or financial

statement analysis.

53.

Price

a)

Money in coins or notes, as distinct from cheques, money orders, or credit.

b)

The amount of money expected, required, or given in payment for something.

c)

A person who practises or studies law, especially (in the UK) a solicitor or a barrister or (in the US) an attorney.

54.

Lawyer

a)

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

b)

A person who practises or studies law, especially (in the UK) a solicitor or a barrister or (in the US) an attorney.

c)

Money in coins or notes, as distinct from cheques, money orders, or credit.

55.

Cash

a)

The amount of money expected, required, or given in payment for something.

b)

Money in coins or notes, as distinct from cheques, money orders, or credit.

c)

The process of discussing something with someone in order to reach an agreement with them, or the discussions themselves:

The agreement was reached after a series of difficult negotiations.

The exact details of the agreement are still under negotiation.

Negotiation for the pay increase is likely to take several weeks.

56.
Taking a quiz to discover skills & interests will help identify career options.
a)
true
b)
false
57.
Something you LOVE to do:
a)
Skill
b)
Talent
c)
Passion
d)
Effort
58.

A vocation is...

a)

a holiday.

b)

an entrepreneur's first business.

c)

a break between jobs.

d)

a calling to do a specific job.

59.
What is the best definition of a "Career"?
a)
A bunch of jobs a person had
b)
A list of education and skills
c)
A person's path through learning, work & other experiences.
d)
A summary of work experiences
60.
A person who can give you a reference for a job can be a
a)
Friends
b)
Parents
c)
Teachers
d)
Cousins