Show:
The role of business
Other functions of business
Types of businesses
Business growth and decline
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100
The organised effort of individuals to produce and sell, for a profit.
What is a business?
100
What remains after all business expenses have been deducted from sales revenue.
What is profit?
100
Production is directly associated with natural resources.
What is a primary industry?
100
Establishment, growth, maturity and Post maturity.
What are the stages in the business life cycle?
100
R & D
What is the abbreviation for research and development?
100

Which country commissioned the Statue of Liberty as a gift to the United States?

France

200
Assists in the development of new technology, creates wealth, provides income for business owners and improves our quality of life?
What is the importance of a business to the Australian economy?
200
Wage, salary and dividend
What are the different forms of income?
200
Employs fewer than five people.
What is Micro business?
200
The owners of two separate businesses agree to combine their resources and form a new organisation.
What is a merger?
200
Starts, operates and assumes the risk of a business venture in the hope of making a profit.
What is an entrepreneur?
200

The oldest person ever recorded lived to be what age?

122

300
Is one that is ready for customers to buy and use.
What is a finished product (output)?
300
Oprah winfrey, Bill Gates and Mark Zuckerberg
What are examples of entrepreneurs?
300
David Jones, Colorado and Sportsgirl.
What is an example of a national business?
300
New products are developed and new markets are created, leading to increased sales and a positive cash flow.
What is renewal?
300
Owned and operated by between two and 20 people with the aim of making a profit.
What is a partnership?
300

 What is the largest land mammal?

The African Elephant

400
things done for you by others.
What is a service?
400
The overall wellbeing of an individual, and is a combination of both material and non-material benefits.
What is quality of life?
400
The process companies go through to become a separate legal entity from the owner/s.
What is incorporated?
400
An independent administrator is appointed to operate the business in the hope of trading out of the present financial problems.
What is voluntary administration?
400
Boost juice, Wendy's and McDonalds.
What is a franchise?
400

Which musician holds the record for most GRAMMYs of all time?

Beyonce

500
can be seen or touched
What is a good?
500
The possibility of loss.
What is risk?
500
Toyota
What is an example of a Transnational corporation?
500
A declaration that a business or person is unable to pay his or her debts.
What is bankruptcy?
500
Group or individual who has an interest in or is affected by the activities of a business.
What is stakeholder?
500

What are the two outermost colors on the upper and lower ends of a rainbow?

Red and Violet