1) The money an enterprise receives from selling products or services a) Sales Revenue b) Human Resources c) Limited Company d) Coupon e) Profit 2) Where an enterprise sources money from a) Goods b) B2B c) Coupon d) Financial Resources e) Physical Resources 3) A person who sets up a business a) Non-financial Aim b) BOGOF c) Sales Revenue d) Entrepreneur e) Enterprise 4) A business model that involves providing goods & services to other businesses a) B2B b) Profit c) Services d) Sales Revenue e) B2C f) Limited Company 5) Where the owner of an enterprise is protected should their business fail a) Limited Liability b) B2B c) Human Resources d) Sole Trader e) Entrepreneurship 6) The money an enterprise has after all its expenses have been deducted a) Characteristics b) Profit c) Salary d) Services e) Sales Revenue f) Costs 7) Aims that are not directly linked with making money a) Non-financial Aim b) Financial Resources c) Goods d) Sole Trader e) Financial aims 8) Where the owner and enterprise are one entity a) Entrepreneur b) Sole Trader c) B2B d) Sales Promotion e) Partnership f) Limited Company 9) Where an enterprise does something for the customer, it is non-tangible a) B2C b) Limited Liability c) Goods d) Services e) Products 10) Buy one get one free a) Non-financial Aim b) Human Resources c) Costs d) BOGOF e) Advertising 11) A tangible item that can be taken away by the customer a) Goods b) Non-financial Aim c) Entrepreneur d) Micro-enterprise 12) A form of ownership where the entrepreneur and enterprise are two separate entities a) Limited Company b) B2C c) B2B d) SME e) Partnership f) Sole Trader 13) A marketing strategy where an enterprise aims to increase sales through temporary campaigns, often using discounts, rewards and incentives a) Sales Promotion b) Non-financial Aim c) Services d) Financial Resources e) Advertising f) Sales Revenue 14) Small to medium enterprises a) SME b) Characteristics c) Limited Company d) Coupon 15) An enterprise consisting of 10 or less employees a) Sales Promotion b) Entrepreneur c) Micro enterprise d) Limited Company e) Small enterprise f) Medium enterprise 16) The set of people who work for an enterprise a) Goods b) Sales Promotion c) Entrepreneur d) Human Resources e) Manufacturers f) Suppliers 17) A form of sales promotion where a voucher gives the customer money or a discount towards a particular product a) Coupon b) B2B c) SME d) Human Resources e) TV advertisement f) Social media 18) A business sector where an enterprise sells directly to the consumer a) Warehousing b) Human Resources c) Services d) B2C e) B2B f) Online 19) The money an enterprise must pay to acquire something, such as supplies a) Goods b) Revenue c) Profit d) Costs e) Income f) Services 20) The qualities or traits that make up a persons personality a) BOGOF b) Characteristics c) Sole Trader d) Costs e) Human Resources

Lesson 17

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