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Influences in Establishing Small to Medium Enterprise

Authored by Wayground Content

Business

11th Grade

Influences in Establishing Small to Medium Enterprise
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Advisory service

Professional advice and guidance offered to individuals or organizations, often in a specialized field.

A type of service that provides entertainment and leisure activities.

A service that focuses on financial transactions and investments.

A platform for social networking and community engagement.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inventory management systems

Software and processes used to track and control the flow of goods from suppliers to customers.

A method for calculating employee salaries and wages.

A system for managing customer relationships and sales data.

A tool for designing and developing marketing strategies.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business activity statement (BAS)

A form lodged with the Australian Taxation Office (ATO) to report and pay tax obligations, including GST, PAYG withholding, PAYG instalments, and FBT instalments.

A document used by businesses to apply for tax refunds from the ATO.

A report submitted annually to the ATO summarizing a business's financial performance.

A form required for businesses to register for an Australian Business Number (ABN).

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Is a Smart Goal

S – Specific, M – Measurable, A – Achievable, R – Realistic, T – Timely

S – Simple, M – Manageable, A – Ambitious, R – Relevant, T – Tangible

S – Specific, M – Measurable, A – Attainable, R – Reasonable, T – Timed

S – Specific, M – Meaningful, A – Achievable, R – Realistic, T – Timely

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dividend

A portion of a company's profits distributed to its shareholders.

A type of investment that guarantees returns.

A tax imposed on corporate profits.

A financial statement showing a company's performance.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business network:

A group of unrelated individuals who do not share information.

A system of interconnected individuals or organizations that exchange information, contacts, and support for mutual benefit.

A collection of businesses that operate independently without collaboration.

A network of competitors who avoid sharing any resources.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Wage

A type of investment income earned from stocks.

A regular payment made by an employer to an employee for work, typically on a daily or weekly basis.

A one-time payment for freelance work or contract jobs.

A bonus given to employees for exceptional performance.

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