Business Form 1 - Term 1 Test 2
Quiz
•
Business
•
8th Grade
•
Practice Problem
•
Medium
Mrs Sheth
Used 34+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Concerned with finished goods
Service Business
Private Sector Business
Secondary Sector of the Economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money made after cost of goods has been subtracted
Profit
Fixed Capital
A need
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buildings and Machinery
Profit
Fixed Capital
Land
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An Ipad
A goods business
A want
A need
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A doctor’s surgery
Land
Labour
Service Business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the 4 Factors of Production
Private Sector Business
Labour
Service Business
Fixed Capital
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Required as a fundamental input for the business for example, having an Operations Manager
Service Business
Profit
A need
Labour
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