Classifying Businesses

Classifying Businesses

10th Grade

20 Qs

quiz-placeholder

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Classifying Businesses

Classifying Businesses

Assessment

Quiz

Others

10th Grade

Practice Problem

Medium

Used 8+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main characteristic of a micro business?

It operates in multiple countries

It has fewer than 5 employees

It is listed on the stock exchange

It requires a government license to operate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a transnational corporation (TNC)?

A single bakery in a small town

A national supermarket chain

A fast-food company with restaurants in multiple countries

A government-owned postal service

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that extracts raw materials from the earth belongs to which industry sector?

Secondary

Tertiary

Primary

Quaternary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following businesses operates at a national level?

A local plumber working in one suburb

A company that has stores across Australia but not overseas

A technology business that exports software to Europe

A small family-owned café in one city

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key difference between a private company and a public company?

A private company only sells food products

A public company allows the general public to buy shares

A private company must have more than 200 employees

A public company cannot operate in multiple countries

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business structure is owned and operated by one person?

Sole trader

Partnership

Public company

Government enterprise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that provides IT consultancy services belongs to which industry sector?

Primary

Quaternary

Secondary

Tertiary

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