Higher Business - UB 1

Higher Business - UB 1

5th - 6th Grade

20 Qs

quiz-placeholder

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Higher Business - UB 1

Higher Business - UB 1

Assessment

Quiz

Business

5th - 6th Grade

Practice Problem

Medium

Created by

Claire Teacher)

Used 97+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four sectors of industry are...

Primary, Secondary, Third, Voluntary

Primary, Tertiary, Third, Secondary

Secondary, Tertiary, Primary, Quaternary

Quaternary, Tertiary, Voluntary, Secondary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Wealth Creation means...

Helping the environment

Adding value to a product as it goes through the production process

Reducing the risk of unemployment

Investing money into growing the business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The three sectors of the economy are...

Primary, Secondary, Tertiary

Private, Voluntary, Secondary

Public, Secondary, Third

Private, Public, Third

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the private sector are...

Sole Traders

Private Limited Companies

Government Organisations

Multinationals

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the public sector are...

National Government Organisations

Local Government Organisations

Social Enterprises

Agencies

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

3 businesses within the third sector are...

Franchises

Social Enterprises

Charities

Clubs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A 'franchiser' is...

A person who invests large amounts of capital into growing a business

A person who sells a business to someone else

A person who pays a percentage of profit each year to own a business under someone else's name

A person who starts a business and provides a good/service supplied by another business

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