Professional Documents
Culture Documents
Literacy Test!
I am a tangible object capable of
1 satisfying a customer need…What
am I?
The owner could lose their
2 personal possessions if the
business fail. This means that they
have….
Give me the
opposite
I am a product that is not
3 produced anymore…I am
outdated…I am described as
being…
Write a
sentence using
it
Land, labour, capital and
4 enterprise…
We are the four what?
I am also known as ‘field’
5
research…What am I?
Give me the
definition for it
Identify the 3
methods…
A, E, I, O, U
What are its 3 roles?
NTRPRNR
A, E, I, O, U Identify 1 potential
conflict between them
STKHLDR
A word similar
to competitive
Competitive
market
Use it in a
sentence
Business
plan
What’s the difference?
Franchisee Franchisor
Business Identify 3 business
risk
risks
I am organisation that sells
6
shares... what am I?
Customers
A small business would have as their main
aim as what…?
Sole trader
Partnership
Entrepreneurship