Understanding Business Revision

Understanding Business Revision

8th Grade

10 Qs

quiz-placeholder

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Understanding Business Revision

Understanding Business Revision

Assessment

Quiz

Business

8th Grade

Practice Problem

Medium

Created by

Sarah Harrison

Used 35+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that grow products and extract resources from the land belong to the

Tertiary Sector

Primary Sector

Secondary Sector

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Employees can have an influence on a business by

Raising levels of taxation

Taking industrial action

Changing the selling price of the products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The abbreviation PESTEC is often used to define

Both internal and external factors that influence a business

Internal factors that influence a business

External factors that influence a business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Land, labour, capital and enterprise are collectively known as

Goods and services

Business cycle

Factors of production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

More and more businesses are becoming active and involved in e-commerce. This is a result of

Technological factors

Environmental factors

Political factors

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An employee's main interest in a large company is likely to be

Fair pay for the work they do

Profit maximisation

Ensure the organization does not damage the environment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organisations run by central or local government are often referred to as

Private sector

Voluntary sector

Public sector

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