year 10 business

HideShow resource information

1. When does a business add value?

  • When revenue equals production costs
  • When revenue is greater than production costs
  • When revenue is less than production costs
1 of 9

Other questions in this quiz

2. How do you reduce the risk of starting a new business?

  • Advertising
  • Planning
  • Investment

3. What is an example of firms relying on suppliers?

  • An output
  • Interdependence
  • Revenue

4. What is a car an example of?

  • A product
  • A cost
  • A service

5. Cherry is a professional DJ. Which of the following is most likely to be a supplier to her business?

  • A hotel hiring her services
  • A record store
  • Customers at a nightclub

Comments

No comments have yet been made

Similar Applied Business resources:

See all Applied Business resources »See all Aims and organisation resources »