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- 1. Multiple Choice
Items that can be seen and touched are known as...
Goods
Services
- 2. Multiple Choice
People who are part owners of a company are known as...
Stakeholders
Shareholders
Customers
People
- 3. Multiple Choice
Someone who starts, operates and assumes the risk of a business is known as an...
Investor
Interest person
Entrepreneur
Business inventor
- 4. Multiple Choice
A business with less than 20 employees can be classified as a...
Small business
Medium business
Large business
extra small business
- 5. Multiple Choice
Qantas would be classified as which size of business?
Small
medium
large
extra large
- 6. Multiple Choice
Services that have been traditionally been performed at home are part of which industry?
Tertiary
Primary
Quinary
Secondary
- 7. Multiple Choice
A business that is owned and operated by a single person is known as a...
Partnership
Sole trader
Private company
Public company
- 8. Multiple Choice
The owner of a business being responsible for all debts is known as....
Limited liability
Unlimited liability
- 9. Multiple Choice
Environmental factors over which businesses have very little control over are known as...
internal
existing
external
international
- 10. Multiple Choice
What is the first stage of the business life cycle?
Post-maturity
growth
maturity
establishment
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