Business

7th -

10thgrade

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Business Studies Quiz

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20 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt
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    What is a sole trader?

    A person who is the exclusive owner of a business.

    Two people who own a business.

    A group of people who own a business

  • 2. Multiple Choice
    30 seconds
    1 pt
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    An entrepreneur is someone 
    Someone who works for a new business
    Someone who starts a new business
    Someone who takes over an existing business
    Someone who does not want to work
  • 3. Multiple Choice
    20 seconds
    1 pt

    Start up costs are...

    the amount of money spent setting up a business

    money spent on a regular basis to keep a business running

    Fixed Costs + Variable Costs

    costs which change with output

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