WorksheetsYear 10 Business Studies Quiz – Goods, Services & Entrepreneurs
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Which of the following is an example of a *consumer good*?
a)
An office printer used by a law firm
b)
A haircut
c)
A can of soup bought from a supermarket
d)
A tractor used on a farm
2.
Which is an example of a *personal service*?
a)
House cleaning by a domestic helper
b)
Freight transportation by a logistics firm
c)
Insurance policy sold by a broker
d)
Legal advice to a corporate client
3.
What best describes a *commercial service*?
a)
A plumber fixing a tap in a private home
b)
A taxi ride to the airport
c)
A warehouse storing products for a retailer
d)
A teacher giving private lessons at home
4.
Which of the following is a *producer good*?
a)
A microwave bought for a family kitchen
b)
A machine tool used in a car factory
c)
A video game downloaded on a console
d)
A hairdryer used by a teenager
5.
What is a key *entrepreneurial characteristic*?
a)
Prefers routine and avoids risk
b)
Waits for others to take initiative
c)
Willing to take calculated risks
d)
Dislikes responsibility and leadership
6.
Which of these is NOT a characteristic of an entrepreneur?
a)
Creativity
b)
Risk aversion
c)
Determination
d)
Initiative
7.
Which of the following best describes a *service*?
a)
A pair of jeans
b)
A cup of coffee
c)
A mobile phone
d)
A dental check-up
8.
What distinguishes a *personal service* from a *commercial service*?
a)
Personal services are always free
b)
Commercial services are only offered by the government
c)
Personal services are aimed at individuals, while commercial services help businesses
d)
There is no difference
9.
Which of these is both a *consumer good* and a *service*?
a)
A mobile phone contract
b)
A food processor in a restaurant
c)
A delivery truck
d)
A forklift in a warehouse
10.
Why is *resilience* important for entrepreneurs?
a)
It helps them work alone without feedback
b)
It allows them to ignore customers’ needs
c)
It enables them to recover from setbacks
d)
It ensures they always make a profit
100 %
