Practice Need For Business Finance (5) - Business Size and Finance

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10 questions

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5 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
4 questions · about 3 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What are establishment costs?
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Think about what you need to start a business.
Question 2.
What is working capital?
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Consider regular expenses of a business.
3Question 3.
What is the primary need for business finance?
- Establishment
- Marketing
- Operational Efficiency
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Think of what you need to start a business.
4Question 4.
True or False: Working capital is essential for daily operations.
- True
- False
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Consider the daily expenses of a business.
Question 5.
A local restaurant is facing operating losses because it cannot pay its suppliers. Evaluate the possible reasons behind this financial issue.
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Analyze how daily expenses and operational management affect the situation.
Question 6.
A medium-sized manufacturing unit wishes to expand but is uncertain about the type of finance to seek. Discuss the factors it should consider.
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Focus on the aspects of finance that align with business growth.

6 more questions in this section. Enroll free to practise them all.