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Business Studies - JG
Business Studies - JG
10 terms
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30 plays
Business Studies quiz by Greg and Josh
Flashcards
10 cards
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Practice quiz
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Host live
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Questions
10
Answers
1
Define Entrepreneurship
To come up with an idea and take risks
To take risks to better your business
The ability to start a business
Expanding from a national to an international level
2
How many possible combinations of lego can be made with 6 blocks?
915,103,763
915,103,865
915,103,764
915,103,765
3
How many external influences are there?
7
13
9
10
4
How much lego is produced every minute?
26,000 Blocks
30,000 Blocks
36,000 Blocks
46,000 Blocks
5
A sole trader is:
An owner of a business who can keep all profits after tax
Someone who trades ideas to better the company
6
Which case study was based in the illawarra
Skydive the Beach
Coles
Woolworths
Lego
7
How many employees can a large business have?
20 - 199
250 or more
150 more
200 or more
8
What are the 4 stages in the business life cycle in order?
Establishment, Growth, Maturity, Post-Maturity
Business, Establishment, Growth, Post-Maturity
Esablishment, Maturity, Post-Maturity, Growth
Business
9
What does ACCC stand for
Australian commission and competition consumer
Australian Competition and Consumer Commission
Australian Consumer Commision
Australian competition and commission consumer
10
Give an example of a tertiary business
Car manufacturer
Banks
Nurses and Hairdresses
Mines