Grade 5 - Entrep and ICT

What kind of business involves actions or outputs of individuals which are also considered as performances?

• Goods

• Products

• Services

• Community

It is the total number of people who can work to get something done.

• Manpower

• Individual interests

• Market

• Suppliers

It is the sum of money which is used to start a business or which you invest in order to make more money.

• Interest

• Cash

• Income

• Capital

A kind of business which provides tangible items that are usually hand-made.

• Product

• Service

• Community

• Labor

Which of the following is an example of a Service business?

• Bag

• Bottled water

• Salon

• Household linen

Which of the following is an example of Product Business?

• Gadgets

• Law firm

• School

• Hospital

These are negative external factors and normally beyond the control of an entrepreneur.

• Opportunities

• Threats

• Strengths

• Weaknesses

This is a place where 2 parties can gather to facilitate the exchange of goods and services.

• Store

• Shop

• Market

• Network

Refers to the areas in which a business does not perform well.

• Weaknesses

• Strengths

• Opportunities

• Threats

A person who organizes a business who is also willing to take great risks.

• Businessman

• Supplier

• Buyer

• Entrepreneur