Seed Stage - Business Lifecycle
11th Grade
•16 Qs
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Seed Stage - Business Lifecycle
Quiz
•
Business
•
11th Grade
•
Easy
Jessica Marlow
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the initial steps in the business life cycle?
Selling products
Starting to think about a business idea/concept
Hiring employees
Expanding internationally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a challenge in the seed stage of a business?
Finding a business mentor
Gaining community and market acceptance
Writing a business plan
Exploring revenue sources
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a strategy to address challenges in human resource management?
Develop a marketing plan
Build knowledge about the Fair Work Act 2009
Calculate costs for starting a business
Meet licensing obligations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which website provides helpful information about starting a business in Queensland?
Business Australia
Business Queensland
Business Victoria
Business New South Wales
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the characteristics of the business life cycle?
Calculating costs to start a business
Exploring the financial viability of the business idea/concept
Accessing working capital
Undertaking a market analysis
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a financial management strategy mentioned in the document?
Develop a marketing plan
Review financial plan annually
Meet licensing obligations
Gain market acceptance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a challenge related to financial costs in the seed stage?
Finding a business mentor
Accessing legal and accounting experts
Writing a business plan
Determining legal business structure
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