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Business Studies AS Level

Niki_1320 10 questions

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Questions in this quiz (10)

  1. 1Which of these is an incorrect statement for entrepreneurs when starting up a new business?
    1. AYou get to be your own boss
    2. BYou make your own rules
    3. CStarting up your own business is easy to do
  2. 2Government grants contribute to the costs of a project
    1. ATrue
    2. BFalse
  3. 3Government grants have to be paid back
    1. ATrue
    2. BFalse
  4. 4Which explanation best describes opportunity cost?
    1. AThe cost of the next best alternative
    2. BHaving the opportunity to charge different prices to different customers
    3. CTaking the opportunity to pay for the cost of expenditures in order to increase success
  5. 5Why do people brainstorm?
    1. ATo get creative ideas through open-ended discussion
    2. BTo get staff members ready for the proceedings of the day
    3. CTo allow others to speak about the things they don't like about the business
  6. 6A franchise is a business contract to allow a business to buy products form other businesses
    1. ATrue
    2. BFalse
  7. 7What is trademark?
    1. AThe protection given to books and plays
    2. BThe right to produce a product
    3. CA way in which business differentiates itself from it's competitors
  8. 8Business activity is classified in 4 different sectors?
    1. ATrue
    2. BFalse
  9. 9In a stratified sample everyone has an equal chance of being in the sample
    1. ATrue
    2. BFalse
  10. 10Motivation can be done by...
    1. AGiving people a pay rise
    2. BAllowing staff to talk to customers
    3. CMake staff work longer hours

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Description
Quiz on Business Studies AS Level , created by Niki_1320 on 22/04/2015.
Author
Niki_1320
Language
English
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