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Higher BM - Understanding Business

Authored by Claire Skilling

Business

9th - 12th Grade

Used 31+ times

Higher BM - Understanding Business
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a sector of industry?

Primary

Tertiary

Public

Quaternary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the 3 sectors of the economy?

primary, secondary, tertiary

private, public, tertiary

public, private, primary

private, public, third

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who owns private limited companies?

The Government

Board of Trustees

Shareholders

Stakeholders

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who controls a private limited company?

Board of Directors

Board of Trustees

Government

Local Community

5.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Tick the correct DISADVANTAGES of a Multinational

language barriers can slow down communication

grants can be issued

wages and raw material costs can be lower

time differences can hinder communication

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

who owns businesses in the public sector?

Shareholders

The Government

Local Community

Stakeholders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

who controls businesses in the third sector?

Board of Directors

Board of Trustees

Stakeholders

The Owner

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