Enterprise is
LO1 - Introduction to Business Enterprise (NCFE)

Quiz
•
Business
•
9th Grade
•
Medium
C Dyde
Used 144+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
having an idea, taking a risk and trying to make a business out of a venture.
having an idea and getting someone else to take the risk
having an idea and doing nothing about it
using someone elses idea
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sole trader is
a business owned by 2 or more people
a business owned by 1 person
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
After paying tax, a sole trader can keep all of the profit.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sole trader only has one person working in the business
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a stakeholder?
Someone who hold the steak
Someone who has a financial interest in a business
Anyone with an interest in a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a franchise?
When you work in a shop
Working in Mcdonalds
a right given to one business to another to sell its products.
When you work for a company for over 10 years.
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An entrepreneur is someone who
is an employee of a business enterprise
takes the risk of starting and managing a business venture
works for the government to provide public services
just provides capital to a business start-up
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