GCSE Business Basics Quiz

Froggy Jumps

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Essential knowledge check

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Mr Dillon

Reino Unido

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Froggy Jumps GCSE Business Basics QuizVersión en línea Essential knowledge check por Mr Dillon 1 1) Which term describes an individual who takes a risk to start a business? a Entrepreneur b Opportunity c Employee 2 2) Which statement is true about a sole trader's liability? a Corporate liability b Unlimited liability c Limited liability 3 3) Which is an example of primary market research? a Government statistics b Magazine articles c Questionnaires (first-hand data) 4 4) In the product life cycle, which stage is when sales begin to fall? a Growth b Decline c Introduction 5 5) Which of the following is the 'Place' in the 4 P's of marketing? a Place b Price c Product 6 6) Which stakeholder is most concerned with price and quality of goods? a Employees b Government c Customers 7 7) What describes organic growth in a business? a Growth by outsourcing b Growth from within the business (internal) c Growth by merger 8 8) Which is the correct order for recruitment steps: identify vacancy, advertise, shortlist, interview, select? a Identify vacancy → Interview → Advertise → Shortlist → Select b Identify vacancy → Advertise → Shortlist → Interview → Select c Advertise → Identify vacancy → Shortlist → Interview → Select 9 9) What is unlimited liability? a A contract of employment b Refers to when the owner's personal possessions are at risk if the business goes into debt c Refers to when the owner's personal possessions aren't at risk if the business goes into debt 10 10) Which is an advantage of on-the-job training? a Takes longer to complete b More expensive c Cheaper and directly relevant to work

Froggy Jumps

GCSE Business Basics QuizVersión en línea

Essential knowledge check

por Mr Dillon

1) Which term describes an individual who takes a risk to start a business?

Entrepreneur

Opportunity

Employee

2) Which statement is true about a sole trader's liability?

Corporate liability

Unlimited liability

Limited liability

3) Which is an example of primary market research?

Government statistics

Magazine articles

Questionnaires (first-hand data)

4) In the product life cycle, which stage is when sales begin to fall?

Growth

Decline

Introduction

5) Which of the following is the 'Place' in the 4 P's of marketing?

Place

Price

Product

6) Which stakeholder is most concerned with price and quality of goods?

Employees

Government

Customers

7) What describes organic growth in a business?

Growth by outsourcing

Growth from within the business (internal)

Growth by merger

8) Which is the correct order for recruitment steps: identify vacancy, advertise, shortlist, interview, select?

Identify vacancy → Interview → Advertise → Shortlist → Select

Identify vacancy → Advertise → Shortlist → Interview → Select

Advertise → Identify vacancy → Shortlist → Interview → Select

9) What is unlimited liability?

A contract of employment

Refers to when the owner's personal possessions are at risk if the business goes into debt

Refers to when the owner's personal possessions aren't at risk if the business goes into debt

10) Which is an advantage of on-the-job training?

Takes longer to complete

More expensive

Cheaper and directly relevant to work

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GCSE Business Basics Quiz

Froggy Jumps

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Froggy Jumps

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Froggy Jumps

GCSE Business Basics QuizVersión en línea

por Mr Dillon

1) Which term describes an individual who takes a risk to start a business?

2) Which statement is true about a sole trader's liability?

3) Which is an example of primary market research?

4) In the product life cycle, which stage is when sales begin to fall?

5) Which of the following is the 'Place' in the 4 P's of marketing?

6) Which stakeholder is most concerned with price and quality of goods?

7) What describes organic growth in a business?

8) Which is the correct order for recruitment steps: identify vacancy, advertise, shortlist, interview, select?

9) What is unlimited liability?

10) Which is an advantage of on-the-job training?

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