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