Y8 Business Studies - C2 Types of Business Activity

Y8 Business Studies - C2 Types of Business Activity

9th - 12th Grade

14 Qs

quiz-placeholder

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Y8 Business Studies - C2 Types of Business Activity

Y8 Business Studies - C2 Types of Business Activity

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Leong Chee Onn

Used 1+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary sector of business activity?

Service sector

Natural resources extraction sector

Manufacturing sector

Retail sector

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector earns the most money?

Primary sector

Quaternary sector

Secondary sector

Tertiary sector

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of a free market economy?

No government intervention

All businesses owned by the public sector

Fixed wages for everyone

Total government control

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one disadvantage of a command economy?

Eliminates waste from competition

High motivation for workers

High consumer choice

Little motivation for workers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does privatization involve?

Government buying businesses

Government selling national businesses

Government controlling all businesses

Government providing subsidies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a way to measure the size of a business?

Market share

Value of sales

Value of output

Number of employees

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is internal growth in a business?

Growth through government investment

Organic growth funded by owners' capital

Growth through taking over another business

Growth through mergers

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