Understanding Business 2022
Authored by E Watson
Social Studies
4th Grade
Used 61+ times
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17 questions
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1.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Which sector of economy is missing?
Private, Public & ?
(a)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The public sector is owned and controlled by?
The Government
Private Individuals
People who want to make a profit
Charities
Answer explanation
The public sector is owned and controlled by the government. It is made up of public organisations such as the NHS and Police Scotland
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A social enterprise is....
An organisation who aim to provide a service
An organisation who aim to tackle a social or environmental issue
An organisation who turn raw materials into finished goods
An organisation who's sole purpose is to make a profit
4.
OPEN ENDED QUESTION
3 mins • Ungraded
Identify an aim/objective of a private sector business
Evaluate responses using AI:
OFF
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select the advantages of being a sole trader
Profits do not have to be shared
Workload is shared
It is easier to raise finance
It is easier/faster to make decisions
6.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
The most difficult command word is
Outline
Identify
Explain
Discuss
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partnership is made up of 2-20 people
True
False
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