What is business activity? (1)

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Revision Quiz
olivia.franklin
Quiz por olivia.franklin, atualizado more than 1 year ago
olivia.franklin
Criado por olivia.franklin mais de 10 anos atrás
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Resumo de Recurso

Questão 1

Questão
A business is an organisation which provides only physical goods.
Responda
  • True
  • False

Questão 2

Questão
Which of the following are consumer products?
Responda
  • Magazine
  • Delivery Van
  • Education
  • Sugar Cane

Questão 3

Questão
Businesses have to satisfy people's needs and wants. Select the needs from the list below:
Responda
  • Water
  • Clothing
  • Mobile Phone
  • Cleaner environment

Questão 4

Questão
In any business a number of business functions may be carried out. Select the option below that is not a functional area of a business.
Responda
  • Production
  • Marketing
  • Finance
  • Enterprise

Questão 5

Questão
Many small businesses are owned by individuals, families, or small groups of people. These people are often called entrepreneurs.
Responda
  • True
  • False

Questão 6

Questão
The government does not have any financial interest in small business.
Responda
  • True
  • False

Questão 7

Questão
Venture capitalists are stakeholders.
Responda
  • True
  • False

Questão 8

Questão
The changing business environment refers the factors that may affect a business that may change over time. The following are factors that may affect a business, select the most correct answer.
Responda
  • government legislation, competition, population trends, world affairs
  • government regulation, employees, services, population trends
  • business objectives, strength of competition, demand patterns, government regulation
  • stakeholders, demand patterns, world affairs, private sector

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