AS Level Business

AS Level Business

11th Grade

20 Qs

quiz-placeholder

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AS Level Business

AS Level Business

Assessment

Quiz

Business

11th Grade

Medium

Created by

Mark Cameron

Used 24+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business activity is classified into four sectors. What are they?

Primary, Secondary, Tertiary and Charity

Primary, Secondary, Charity and Corporate

Primary, Secondary, Tertiary and Quaternary

Primary, Corporate and Tertiary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following businesses would be classified as part of the Tertiary sector?

Insurance

Manufacturing

Mining

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual who has the idea for a new business, starts it up and carries most of the risk is known as?

Customer

Investor

Entrepreneur

Enterprise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The sectors (primary, secondary and tertiary) are interdependent. What does this mean?

They are not connected

Only small businesses can operate in all three sectors

They rely on each other

Only large businesses can operate in all three sectors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which if the following resources are needed by businesses?

Capital

Labour

Land

All of them

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The physical goods used by industry to aid the production of goods and services is known as?

Consumer goods

Capital goods

Raw materials

None of the options

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do some businesses succeed?

Poor customer service

Inefficient management

They are unable to adapt to new situations

They have sufficient sources of finance

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