Which of these is an incorrect statement for entrepreneurs when starting up a new business?

Starting up your own business is easy to do

Which explanation best describes opportunity cost?

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

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

A way in which business differentiates itself from it's competitors

The protection given to books and plays

Allowing staff to talk to customers

Test

Niki_1320 10 preguntas

Hacer el test

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
2Government grants contribute to the costs of a project
1. AVerdadero
2. BFalso
3Government grants have to be paid back
1. AVerdadero
2. BFalso
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
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
6A franchise is a business contract to allow a business to buy products form other businesses
1. AVerdadero
2. BFalso
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
8Business activity is classified in 4 different sectors?
1. AVerdadero
2. BFalso
9In a stratified sample everyone has an equal chance of being in the sample
1. AVerdadero
2. BFalso
10Motivation can be done by...
1. AGiving people a pay rise
2. BAllowing staff to talk to customers
3. CMake staff work longer hours

Descripción: Test sobre Business Studies AS Level , creado por Niki_1320 el 22/04/2015.
Autor: Niki_1320
Idioma: English
Visitas: 71
Etiquetas: business studies as level
Valoración: Aún sin valoraciones
Valora este test
Valora este test