Investigating Small Business (Enterprise and Entrepreneurship)
- Created by: AnotherHuman
- Created on: 01-05-19 13:08
Other questions in this quiz
2. Which one of the following is most likely to be a customer for a marketing agency that produces brochures for tour operators?
- A business selling adventure holidays in Africa
- The business that supplies the agency with paper
- The public sector
- The general public
3. Which of the following best defines the role of an entrepreneur?
- Someone who runs a business while the owner is away on holiday
- Someone who enjoys working in the service sector
- Someone who owns and runs their own business and takes risks
- Someone who wants to avoid paying income tax
4. Which one of the following is a reason for a product to become obsolete?
- An accessory for the product is introduced
- New technology is introduced
- The product breaks
- The product is unique
5. Which one of the following is a factor that could increase the level of risk in a business?
- Employing a large number of employees
- Having a large target market
- Seasonal demand
- Having low fixed costs
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