Font size
WorksheetsRoles of the small business in society
Total questions: 10
Worksheet time: 10mins
Which of the below is not the advantage of having higher capital?
Easier to open more branches
Easier to hire employee
Easier to establish partnership
Easier to increase production
Below is not a way to raise capital..
Selling assets
Issuing loan
Which of the options below explain the term niche market?
A niche market is a small, specialized market with specific group of customers with unique needs and preferences.
A niche market is a market that targets customers based on their age and gender
A niche market is a market that targets customers for a short period of time
A niche market is a large and general market that targets a wide range of customers
Which of the below is not the advantage of large business structure?
People are entrusted with specific work.
Owner can specialize their employee for a specific expertise
The company may have a better organization management
Owner have high level of autonomy to run his business
Write down three advantages of having a rigid company structure.
Suppose you want to get more experience and be a skillful accountant, which kind of company will help you better?
Large business
Small business
You are a fresh graduate and looking for jobs to start your professional career, which kind of company will help you better?
Large business
Small business
Which of the below is true about cost of fund?
The cost of funds refers to the interest rate that financial institutions/banks pay to get funds (money) for lending to their clients
The cost of funds refers to the interest that financial institutions/banks pay to get funds (money) for lending to their clients
The cost of funds refers to the sum of money that financial institutions/banks pay the central bank
How do small businesses help to improve economy growth?
Small businesses are providing goods and services within the economy.
Small businesses are reluctant to innovation and productivity
Explain how small business can cut the number of unemployment.
