It’s time to check out what you have learned so far. Remember to click on the HINT box if you need some extra help.
Click the “View Questions” button when you are finished to get feedback on your performance.
Good luck!
0 of 10 Questions completed
Questions:
You have already completed the interactive activity before. Hence you can not start it again.
Interactive Activity is loading…
You must sign in or sign up to start the interactive activity.
You must first complete the following:
0 of 10 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Which of the following is NOT a method of measuring business size?
Select two reasons why owners of a business may want to expand.
Match the entrepreneurship skill and the example
Hard working
|
|
Multitasking
|
|
Resilience
|
|
Creativity
|
|
Please fill in the blanks. Use the hint box to help if you need it!
A Business plan is a document setting out a business’s and how it will achieve them
It’s usually drawn up when starting up a new business or when there will be an important in how the business is run – like starting a service or investing in a new shop
Finance concerns how much will the business need and where will it come from – for example $10,000 start up capital required from a bank loan
– researching the market and planning how to sell their product or service
Operations – how will the product or service be
Human Resources – employees required, and what skills or they will need.
Objectives, capital, training, produced, marketing plan, change
Sort the following businesses in terms of business size based on capital employed.
(Highest capital employed to the top, lowest to the bottom)
Captial Employed = the value of all the assets in a business
Match the cause of business failure and the example or explanation
Lack of finance/liquidity
|
|
Lack of management skills
|
|
Changes in the business environment
|
|
Match internal and external growth with the correct example.
External Growth
|
|
Internal Growth
|
|
Select two problems linked to business growth.
If start-up businesses have a low survival rate, why do entrepreneurs continue to set up new ventures?
Select one reason
What benefits have entrepreneurs like Mark Zuckerberg and Jack Ma received from their efforts?
Which one of the following sections would not be found on a business plan for a start up business?
A start-up business plan is not operational yet, so will only have predicted details for the following year.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.