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

Quiz
•
Business
•
11th Grade
•
Medium

Mark Cameron
Used 24+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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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