Quiz

Quiz: What a Business Is and Why Businesses Exist

AQA GCSE Business 8132

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Steps in this lesson (11)

1
Text

Welcome to this quiz on what a business is and why businesses exist. Test your understanding with these 10 questions!

2
Multiple ChoiceInteractive

What is the main purpose of a business?

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3
Multi-SelectInteractive

Which of the following are reasons why businesses exist? (Select all that apply)

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4
Fill in the BlankInteractive

An entrepreneur needs to be {{blank0}} to take risks and start a business.

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5
MatchingInteractive

Match the items on the left with their correct pairs on the right

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6
Multiple ChoiceInteractive

What is an example of a need?

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7
Math EquationInteractive

If a business earns £500 in revenue and its costs are £300, what is its profit?

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8
typedAnswer

Match the items on the left with their correct pairs on the right

9
Multi-SelectInteractive

Which of the following are examples of goods? (Select all that apply)

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10
Fill in the BlankInteractive

A business plan helps a business by {{blank0}} potential problems and setting {{blank1}}.

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11
Multiple ChoiceInteractive

What is the main difference between a sole trader and a partnership?

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