1.4 Making the business effective

1.4 Making the business effective

11th Grade

20 Qs

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1.4 Making the business effective

1.4 Making the business effective

Assessment

Quiz

Business

11th Grade

Medium

Created by

Mr Kendall

Used 101+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Let's start of with an easy one, What letter completes this question. The marketing mix is also known as the 4 what?

T's

P's

L's

R's

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A very important document that businesses use to help plan, budget and use throughout the life of the business. Business _________.

Plan

Document

Letter

File

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole-trader will be responsible for what type of liability?

None

Limited

Un-limited

Ltd

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Limited liability exits when an entrepreneur's risk is _________ to the amount they have actually invested or promised to invest.

Lower

Higher

Limited

Un-limited

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that have unlimited liability are known as ______________________.

Un-incorporated

Incorporated

Ltd

Plc

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that have limited liability are also known as ___________________.

Incorporated

Un-incorporated

PLC

Ltd

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who sets up on their own?

Limited Liability

Partnership

Independent

Sole trader

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