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Economic Management Sciences
Photo: Edwin Jaulani
Business & EconomicsEasy

Economic Management Sciences

what is an entrepreneur, what is a sole trader

5

Questions

1

Minute

Tip: Use keys 1-4 to answer quickly

The 5 quiz questions

Question 1 : What is own capital

Possible answers:

  • Money you have saved to start your own business
  • Money borrowed from a friend
  • Money borrowed from a family member
  • Money borrowed from the bank

Question 2 : What is a need

Possible answers:

  • Everything we buy
  • Something we use to decorate our houses
  • Something we can live without
  • Something you cannot live without

Question 3 : What is an entrepreneur

Possible answers:

  • A manager
  • A person who started their own business
  • A sales person
  • A customer

Question 4 : Checkers and Pick n Pay are an example of

Possible answers:

  • Manufacturing business
  • Service provider
  • A trading business
  • Informal sector

Question 5 : A sole trader is a

Possible answers:

  • gardener
  • person who sells brochors
  • farmer
  • person who owns and operates a business by themselves

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