Business Unit 1 Setting up a Business

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1. The main stakeholders are in any business are:

  • business teachers
  • Employees, Customers, Suppliers, Shareholders, Local Community, Government
  • Kurt Cobain, Love and Patrick Stump
  • shareholders
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Other questions in this quiz

2. correct spelling?

  • entrupeneur
  • entrepreneur
  • entreprener
  • entruprenuer

3. what should be considered when locating a firm?

  • the price of music on iTunes
  • location of : suppliers, customers, competition, communication
  • location of : Walt Disney's body, customers, roads
  • the price of air
  • location of : animals (farms), suppliers, band member's houses

4. a sole trader is:

  • a single person setting up their own business
  • yes
  • a bunch of friends setting up a business

5. Markets are dynamic. This means that they:

  • are always changing
  • stay the same
  • stay the same for a set period of time


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