Quiz

Quiz: What SMEs Are

WJEC Eduqas GCE A LEVEL in BUSINESS specification

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1
Text

Building on what you've learned about enterprise, let's test your knowledge of what SMEs are and their importance to the UK economy!

2
Multiple ChoiceInteractive

What does SME stand for?

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3
Multi-SelectInteractive

Which of the following characteristics typically apply to SMEs? (Select all that apply)

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4
Fill in the BlankInteractive

SMEs contribute significantly to the {{blank0}} by creating jobs and increasing {{blank1}}.

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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 small business has annual revenue of £500,000 and costs of £400,000. What is its profit?

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7
Multiple ChoiceInteractive

Why are SMEs important to the UK economy?

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8
Multi-SelectInteractive

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

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9
typedAnswer

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

10
Fill in the BlankInteractive

A business with limited liability is likely to be a {{blank0}} company.

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11
MatchingInteractive

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

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