Component 1 Quiz

Component 1 Quiz
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Slide 1: Slide
ComputingUpper Secondary (Key Stage 4)BTEC

This lesson contains 28 slides, with interactive quizzes and text slide.

time-iconLesson duration is: 50 min

Items in this lesson

Component 1 Quiz

Slide 1 - Slide

1. Why would Rina set up her own business?
2. What skills will help her business be successful?

Slide 2 - Open question

What is a micro enterprise?
A
A business with up to 10 staff.
B
A business with up to 11-49 staff.
C
A business with 50-249 staff.

Slide 3 - Quiz

What is a small enterprise?
A
A business with up to 10 staff.
B
A business with up to 11-49 staff.
C
A business with 50-249 staff.

Slide 4 - Quiz

What is a medium enterprise?
A
A business with up to 10 staff.
B
A business with up to 11-49 staff.
C
A business with 50-249 staff.

Slide 5 - Quiz

What is an enterprise?
A
The term used to describe a business or company.
B
A spaceship.
C
The term used to describe a business with only one owner.
D
The term used to describe a business with limited liability.

Slide 6 - Quiz

What are goods?
A
Physical products that can be purchased.
B
Acts or tasks carried out by an enterprise that can be purchased.

Slide 7 - Quiz

What are services?
A
Physical products that can be purchased.
B
Acts or tasks carried out by an enterprise that can be purchased.

Slide 8 - Quiz

What is an entrepreneur?
A
Person who sets up a new enterprise in order to  make a profit, or achieve a goal.
B
People who invest in stocks/shares.
C
People who work for a business.

Slide 9 - Quiz

Which of these are potential growth aims of an enterprise?
A
Making a profit, Surviving, or Breaking Even
B
Expanding, Maximising Sales
C
Being Environmentally Friendly, Being Ethical, Satisfying Customers, Providing a social service

Slide 10 - Quiz

Which of these are potential social and ethical aims of an enterprise?
A
Making a profit, Surviving, or Breaking Even
B
Expanding, Maximising Sales
C
Being Environmentally Friendly, Being Ethical, Satisfying Customers, Providing a social service

Slide 11 - Quiz

What does unlimited liability mean?
A
A person is responsible for all debts of the enterprise. They can lose their home or personal money if they can't pay the debt of the business.
B
The owners of the enterprise are not personally liable for the debts of the enterprise.

Slide 12 - Quiz

What is a skill of an entrepreneur?
A
Something easy to measure and define. For example financial management.
B
Something harder to define. For example creativity,

Slide 13 - Quiz

What is a characteristic of an entrepreneur?
A
Something easy to measure and define. For example financial management.
B
Something harder to define. For example creativity,

Slide 14 - Quiz

What is a business activity?
A
Something a business does regularly. For example opening up the shop or ordering stock.
B
Something a business hopes to achieve.
C
Making a profit.
D
Maintaining high standards.

Slide 15 - Quiz

Who is this entrepreneur

Slide 16 - Open question

Which of these is a financial aim?
A
Being environmentally freindly
B
Expanding your sales
C
Growing the number of staff
D
Breaking Even

Slide 17 - Quiz

Who is this entrepreneur

Slide 18 - Open question

Who is this entrepreneur

Slide 19 - Open question

Who is this entrepreneur

Slide 20 - Open question

Which of the following would not be included in the business plan when planning to open a brand new business?
A
Financial predictions
B
Market Research
C
Last years profit and loss figures
D
Aims and Objectives

Slide 21 - Quiz

What does the term SWOT mean ?
A
Sales, Weaknesses, Opportunities and Threats
B
Sales, Weekly, Opportunities and Threats
C
Strengths, Weaknesses, Opportunities and Threats
D
Strengths, Weaknesses, Opportunities and Time

Slide 22 - Quiz

You must include uncertainties and risk in a business plan.
A
True
B
False

Slide 23 - Quiz

Sole traders have _____ liability.
A
Limited
B
Unlimited

Slide 24 - Quiz

Which of these are potential financial aims of an enterprise?
A
Making a profit, Surviving, or Breaking Even
B
Expanding, Maximising Sales
C
Being Environmentally Friendly, Being Ethical, Satisfying Customers, Providing a social service

Slide 25 - Quiz

What is a social enterprise?
A
A business who keeps all their profits.
B
A business which aims to achieve a social goal.

Slide 26 - Quiz

Which of these is a business activity?
A
Making a profit
B
Motivation
C
Restocking shelves
D
Expanding the business

Slide 27 - Quiz

Which of these is a skill?
A
Time management
B
Motivation
C
Creativity
D
Passion

Slide 28 - Quiz