Chapter 1 - EBUS1614
Quiz by Megan du Randt
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The process of establishing a business, from the identification of a business opportunity and innovation through to planning, start-up, managing and growing the business. This is known as29
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The process of establishing a business, from the identification of a business opportunity and innovation through to planning, start-up, managing and growing the business. This is known as
What is this called?
The total number of services and products supplied and produced within the borders of a country in one year measured in financial terms.Users enter free textType an Answer30s
Which of these are incorrect?
A Successful business manager must be able to:
Plan, organise, lead and control business functions
Facilitate formal communication during scheduled meetings
Organise inefficient operation of tasks
Ensure interpersonal and inter-group competence
Compile and implement necessary policies and procedures30s
Sort these elements into their correct business environment:Users sort answers between categoriesSorting60s
Sort the following elements into the correct sectorUsers sort answers between categoriesSorting60s
Name one characteristic of the business environmentUsers enter free textType an Answer30s
There are five types of entrepreneurial businesses.truefalseTrue or False30s
Medium businesses employ between 50 and 200 employeestruefalseTrue or False30s
What is one word for the following:
The creation of a business within an existing large business, by using new ideas and opportunities, using the resources of the existing business.
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