Practice Expansion - 5.3 | 3. Business Size and Finance | ICSE 12 Business Studies
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Expansion

5.3 - Expansion

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Practice Questions

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Question 1 Easy

What are the four categories of business size?

💡 Hint: Think about the scale of operations.

Question 2 Easy

What is working capital?

💡 Hint: Consider everyday expenses.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is a micro enterprise?

Very large business
Small operation run by individuals
Medium-sized business

💡 Hint: Consider the scale of operations.

Question 2

True or False: Large enterprises typically require less capital than small enterprises.

True
False

💡 Hint: Think about their operational scale.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Assume you are starting a micro enterprise. Identify three potential sources of finance appropriate for your business and justify your choices.

💡 Hint: Consider your immediate financial needs and who can help.

Challenge 2 Hard

Analyze the role of government schemes in supporting MSMEs. How do such programs help mitigate financial risks associated with business operation?

💡 Hint: Think about how these programs can influence funding availability.

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