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- 1. Multiple Choice
Which is the odd one out in terms of Factors of Production
Capital
Goods
Land
Labour
- 2. Multiple Choice
Which of the following jobs belong to the Tertiary Sector?
Banking
Fisherman
Hairdresser
Teacher
- 3. Multiple Choice
Which Sector do NHS and Police Officers operate in?
Public
Private
Public
- 4. Multiple Choice
Which organisation has unlimited liability?
Private Limited Company
Sole Trader
Partnership
- 5. Multiple Choice
Which Sector does Social Enterprise belong to?
Private
Third
Public
- 6. Multiple Choice
Who owns a Private Limited Company?
Managing Director
Shareholders
Manager
Staff
- 7. Multiple Choice
Which of the following are benefits of being a Sole Trader?
Can choose when to take your holidays
Heavy workload
Keep all the profits
Can be harder to raise finance
- 8. Multiple Choice
How many people can own a Partnership?
2
10-20
2-20
20
- 9. Multiple Choice
How can businesses maximise customer service?
Develop a customer care strategy
Do not train staff
Ignore poor quality products/service
Ignore customer feedback
- 10. Multiple Choice
What is the role of the Entrepreneur
Takes forward other people's ideas
Develops and idea and turns it into a reality
Work for other people
Bring the Factors of Production together
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