Review - chapter 1-3 Business IGCSE

Review - chapter 1-3 Business IGCSE

9th - 12th Grade

54 Qs

quiz-placeholder

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Review - chapter 1-3 Business IGCSE

Review - chapter 1-3 Business IGCSE

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Patrick Iwanek

Used 13+ times

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54 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A need is
something we have to have in order to survive
something we have to have to make our life better

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A want is
something we have to have in order to survive
something we would like to have to make our life better

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a basic need?
love
belonging
shelter
safety

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 The difference between a good and a service is that:
Goods are available in unlimited quantaties and services are not 
Goods are tangible and services are not 
Services are available in unlimited quantaties and goods are not 
goods help satisfy unlimited wants and services do not

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organisations run by central or local government are often referred to as

Private sector

Voluntary sector

Public sector

Mixed economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organisations run by citizens or companies with NO state/government share are often referred to as

Private sector

Voluntary sector

Public sector

Mixed economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these business activities are usually NOT in the public (government) sector?

grocery stores

health

defence

public transport

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