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btec enterprise component 1

Authored by Heidi Watkins

Business

9th - 11th Grade

Used 42+ times

btec enterprise component 1
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36 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for a physical good that can be sold, such as a football

Product
Service
Location
Ownership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for a supportive act that can be sold, such as accounting or hairdressing

Product
Service
Location
Ownership

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for where the business is based

Product
Service
Location
Ownership

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the legal form of ownership

Product
Service
Location
Ownership

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for enterprise owned by 1 person (although they can employ more people). It has unlimited liability.

Sole Trader
Partnership
Private limited company
Franchise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for Enterprise owned by more than 2 people. It has unlimited liability.

Sole Trader
Partnership
Private limited company
Franchise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for enterprise where shares can be sold to friends and relatives. It has limited liability.

Sole Trader
Partnership
Private limited company
Franchise

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