Quiz

Quiz: What Business Risk Means for Owners

Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)

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Steps in this lesson (11)

1
Text

Building on what you've learned about why new business ideas happen and how they are created, let's test your knowledge of what business risk means for owners!

2
Multiple ChoiceInteractive

Which of the following is an example of financial risk for a business owner?

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3
Multi-SelectInteractive

Which of the following are examples of business risks for owners? (Select all that apply)

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4
Fill in the BlankInteractive

Business owners with {{blank0}} liability risk losing their personal assets if the business cannot repay its debts.

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5
MatchingInteractive

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

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6
Math EquationInteractive

A business owner invests £10,000 in a new product, but it fails to sell. What is the financial loss?

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7
Multiple ChoiceInteractive

What is one reward for business owners who take risks?

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8
typedAnswer

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

9
Multi-SelectInteractive

What are potential consequences of business failure? (Select all that apply)

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10
Fill in the BlankInteractive

One reason business owners take risks is the potential to earn a {{blank0}}.

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11
Multiple ChoiceInteractive

Which type of business has the least financial risk for its owner?

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