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 the purpose of a business?
- To produce goods and services
- To only work for the government
- To minimise profit
- To meet the needs of suppliers
3. Which one of the following is most likely to be a customer for a marketing agency that produces brochures for tour operators?
- The general public
- The business that supplies the agency with paper
- A business selling adventure holidays in Africa
- The public sector
4. Which one of the following is a reason for a product to become obsolete?
- An accessory for the product is introduced
- The product is unique
- New technology is introduced
- The product breaks
5. Which one of the following is a factor that could increase the level of risk in a business?
- Having low fixed costs
- Employing a large number of employees
- Seasonal demand
- Having a large target market
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