Alex Pederson
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Quiz on Alex's Business Quiz, created by Alex Pederson on 04/10/2017.

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Alex Pederson
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Alex's Business Quiz

Question 1 of 5

1

What is a Mortgage?

Select one of the following:

  • Money you have to buy a house

  • Money you have to rent a house

  • Loans from the bank that are used to buy land or buildings

  • Loans from the bank that you spend on your life needs

Explanation

Question 2 of 5

1

What are profits?

Select one of the following:

  • Left over money from your pocket money

  • The amount by which a business's revenue from all its sales exceeds its costs

  • An amount of money that you earn and then spend on resources

  • Left over tips

Explanation

Question 3 of 5

1

An objective is a target that is set for a business to achieve

Select one of the following:

  • True
  • False

Explanation

Question 4 of 5

1

What is a Risk?

Select one of the following:

  • The possibility of something going wrong

  • Where something has gone wrong

  • The possibility of something going right

  • Where something has gone right

Explanation

Question 5 of 5

1

What is a Market Segmentation?

Select one of the following:

  • A group of people that have meeting about a business market

  • A group of similar needs within the overall market

  • A group that has a business idea and wants to share

  • A group of business people who search around for a place in the market

Explanation