Business Quizz
Business Quiz Challenge
Test your knowledge of the business world with our engaging quiz! This quiz features 10 carefully crafted questions designed to challenge your understanding of key concepts in entrepreneurship and management.
You'll be quizzed on topics such as:
- Entrepreneurial Characteristics
- Business Structures
- Economies of Scale
- Marketing Mix
What is one ideal characteristic of an entrepreneur
Smart
Brave
Risk Taker
Cool Person
What does a sole trader have?
Limited Liability
Experience
Unlimited Liability
I dont know
What is one Maslow Hierarchy of Needs?
Self assesment
Social Needs
Safety
A dog
What are 2 economies of scale
Purchasing Economies
Manager
Bulk buying
Technical Economies
What is net profit
Gross Profit - expenses
The money a business needs for its day to day cost
A bank loan
Revenue - Cost of Sales
What does a Limited Company have to give its Shareholders
Returned Profit
Remittance
Dividends
Revenue
What is the marketing mix?
Price, Product, Promotion, Place
Places, People, Production, market
Profit, revenue, net profit, gross profit
Dog, cat, bunny, mouse
A bank loan is for
The long term
Short term
Forever
Just for today
Why does a business expand
To earn more profit
To see more places
To get bigger
Higher Market share
Herzberg believed in
Hierarchy of needs
Hygiene Factors
Good sales
Money
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