2 - Criteria for Measuring Business Size
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
Define capital investment.
💡 Hint: Think about money used for equipment and buildings.
What does the number of employees indicate?
💡 Hint: More employees usually mean larger operations.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What term refers to the total money invested in business assets?
💡 Hint: Think of what you need to start the business.
True or False: The number of employees is a measure of business size.
💡 Hint: More employees usually mean bigger operations.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Suppose a small manufacturer invests in new machinery to increase output significantly. Analyze how this decision affects its classification as a medium or large enterprise.
💡 Hint: Consider both capital and operational aspects.
Discuss how a business's turnover can influence its decisions on expansion, including both risks and benefits.
💡 Hint: Think about financial growth versus operational management.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.