Test - 1
Business Studies- Grae 9
Date: 26th September 2023
Name:
Total Marks: 20
1. Who is an Entrepreneur?
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
___________________________________________________________________[2]
2. Name 4 qualities required to be a successful entrepreneur.
a.______________________________________________________________
b.______________________________________________________________
c.______________________________________________________________
d.____________________________________________________________[4]
3. What is a Good?
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
___________________________________________________________________[2]
4. What is a service?
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
___________________________________________________________________[2]
5. Give 2 advantages and 2 disadvantages to entrepreneurship?
Advantage 1:
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Advantage 2 :
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Disadvantage 1:
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Disadvantage 2:
_____________________________________________________________________
_____________________________________________________________________
__________________________________________________________________[4]
6. Name 4 sources of a good idea.
a.______________________________________________________________
b.______________________________________________________________
c.______________________________________________________________
d.____________________________________________________________[2]
7. What is the full form of SWOT?
S: ____________________________________________________
W:____________________________________________________
O:____________________________________________________
T:_____________________________________________________[2]
8. Name 1 difference between a Business Plan and a feasibility study.
Business Plan: ________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Feasibility study: _______________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
___________________________________________________________________[2]