What is business activity?

Question 1 of 8

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A business is an organisation which provides only physical goods.

Select one of the following:

  • True
  • False

Question 2 of 8

Medal-premium 1

Which of the following are consumer products?

Select one or more of the following:

  • Magazine

  • Delivery Van

  • Education

  • Sugar Cane

Question 3 of 8

Medal-premium 1

Businesses have to satisfy people's needs and wants.
Select the needs from the list below:

Select one of the following:

  • Water

  • Clothing

  • Mobile Phone

  • Cleaner environment

Question 4 of 8

Medal-premium 1

In any business a number of business functions may be carried out. Select the option below that is not a functional area of a business.

Select one of the following:

  • Production

  • Marketing

  • Finance

  • Enterprise

Question 5 of 8

Medal-premium 1

Many small businesses are owned by individuals, families, or small groups of people. These people are often called entrepreneurs.

Select one of the following:

  • True
  • False

Question 6 of 8

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The government does not have any financial interest in small business.

Select one of the following:

  • True
  • False

Question 7 of 8

Medal-premium 1

Venture capitalists are stakeholders.

Select one of the following:

  • True
  • False

Question 8 of 8

Medal-premium 1

The changing business environment refers the factors that may affect a business that may change over time. The following are factors that may affect a business, select the most correct answer.

Select one or more of the following:

  • government legislation, competition, population trends, world affairs

  • government regulation, employees, services, population trends

  • business objectives, strength of competition, demand patterns, government regulation

  • stakeholders, demand patterns, world affairs, private sector

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What is business activity?

Noah Swanson
Quiz by , created over 1 year ago

A quiz on what is business activity based off of the Edexcel IGCSE Business Studies Syllabus

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olivia.franklin
Created by olivia.franklin over 1 year ago
Noah Swanson
Copied by Noah Swanson over 1 year ago
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