BM1-OC2-Chp2

Beschreibung

This test covers Outcome 2 of Business management 1, VCE, Victoria.
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Zusammenfassung der Ressource

Frage 1

Frage
Entrepreneurship is the ability and willingness to start, operate and assume the risk of a business venture in the hope that you will make a profit.
Antworten
  • True
  • False

Frage 2

Frage
A sole trader is an unincorporated structure of a business ownership which has more than 2 and less than 50 partners.
Antworten
  • True
  • False

Frage 3

Frage
A partnership business structure can have up to 400 shareholders.
Antworten
  • True
  • False

Frage 4

Frage
Buying a Franchise means buying the rights from another business, to distribute its products under its name.
Antworten
  • True
  • False

Frage 5

Frage
A complimentary business offers products or services that are different to yours but are aimed at the same customers in a shopping precinct such as a shopping strip or centre.
Antworten
  • True
  • False

Frage 6

Frage
An accountant will provide interest free loans and free advice on financial services at your bank.
Antworten
  • True
  • False

Frage 7

Frage
A solicitor can provide information on business formation and structure, registration, contracts, leases and more.
Antworten
  • True
  • False

Frage 8

Frage
Business enterprise centres (BEC), Chamber of Commerce and local government are all sources of legal and business management advice.
Antworten
  • True
  • False

Frage 9

Frage
One of the following are forms of business ownership:
Antworten
  • sole trader, partnership, company
  • accountant, engineer, company
  • incorporated, partnership, large business
  • shopping centre, home based, online

Frage 10

Frage
Which choice best describes market research?
Antworten
  • identify who, what and where
  • Identify information, gather, analyse and interpret
  • market, competitors, product, service
  • none of the above
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