IGCSE Business - Unit 1 Business Environment Chapters 1,2,3

Stakeholders are people who ............. a business

Diadvantages of a partnership include

Which of the following is not a factor of production

Facebook operates in the

Division of labour is when 

Cost of land and labour are things considered when businesses choose 

Governments aim to reduce

Sole traders usually benefit from economies of scale. 

Which one of the following is a possible objective for someone setting up as a soletrader?

When a business enters a competitive market with a new product, the best pricing strategy is

Consumers who buy more goods and services pay more 

GDP is

What is the odd one out

Which is the odd one out

Pick the odd one out: A sleeping partner

Fiscal Policy is the control of 

Which is the least likely objective of a public sector business

Unlimited liability is a feature of 

A sole trader is 

A deed of partnership could contain all but

The entrepreneur who starts a business under an existing brand name is known as a

What type of company sells its shares on the stock market

EC Ltd makes hand made chocolates. It is in which industry sector

Taxes on income are

Which is not a feature of a sole trader

A deed of partnership does not contain

People who eat the chocolates bought for them are known as 

When interest is high