G9 T1 End of Term Review

Front

Meera and Mouza invest capital into a business to print holiday pictures. What is the business structure? Options: sole trader, partnership, franchise, joint venture.

Back

partnership

Front

Maha has a Hello Kitty store in Ajman where she sells stickers and other Hello Kitty products. She owns the business alone. What business structure is this? Options: sole trader, partnership, franchise, joint venture.

Back

sole trader

Front

What business structure is it when two companies join their businesses together because they have similar ideas? Options: sole trader, partnership, franchise, joint venture.

Back

joint venture

Front

What business structure is it when a company allows individuals to use their business logo, products, and brand for some amount of money? Options: sole trader, partnership, franchise, joint venture.

Back

franchise

Answer explanation

Front

A public sector business is owned by ___________.
Options: franchise, customers, individuals, the government

Back

the government

Front

A private sector business is owned by __________. Options: local community, lenders, individuals, managers

Back

individuals

Front

Afra and Maryam invested money and bought machines for their business. Which factor of production is this an example of?

Back

capital

Front

Which sector has resources like cocoa beans from the farm and delivers to the factory?

Back

primary sector

Front

achievable in SMART objectives

Back

The objective should be possible.

Front

What is 'M' in SMART objective?

Back

measurable