Business Ed Revision Grade 9

Which of the following is not a reason for starting a business?

• To be independent

• to increase unemployment

• to support family members

Which of the following is not a type of research instrument?

• Questionnaire

• Interview

• Half off

Needs can be defined as:

• The desire to possess

• The necessity of something

• the wish to have something

An inventor is a person who:

• The originator of something

• starts a new business within a business

• establishes his own business

Which of the following is a problem faced by entrepreneurs?

• opening on time

• getting capital

• too much competition

Which of the following business names would be considered appropriate?

• Garbage restaurant

• get sick food store

• N&M Clothing

Which of the following would not be an appropriate item for a research instrument?

• location

• age

• gender

The person who work for someone else is known as:

• Employee

• Employer

• Employ

One benefit of a sole trader is:

• unlimited liability

• bears all risk

• close relationship with clients

Which of the following cannot be used as collateral:

• life insurance

• Music collection

• car title