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Wetherly and Otter: The Business Environment

Chapter 14

Instructions

Choose your answers from a-d by clicking the radio button next to each choice and then press 'Submit' to get your score.

Question 1

Which of the following descriptions is of a social enterprise?

Question 2

What are the survival rates within the first 3 years for new businesses within the UK?

Question 3

How much did small firms contribute to job creation in UK 1995-99?

Question 4

Which would you not consider necessary to enable you to undertake a gap analysis?

Question 5

Internal development (or organic growth) is:

Question 6

Which sectors do small businesses tend to operate in successfully?

Question 7

Which of the following statements describes market penetration?

Question 8

There are 4.3 million businesses in the UK. How many more businesses would Britain gain if it had the same levels of female entrepreneurship as in the USA?

Question 9

Competitive advantage can be defined as:

Question 10

Which of the following market positions could be best recommended for a small firm?