Practice Summary - 11 | 3. Business Size and Finance | ICSE Class 12 Business Studies
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11 - Summary

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Practice Questions

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Question 1 Easy

Name the four categories of business size.

💡 Hint: Think of sizes relative to operation scale.

Question 2 Easy

What is working capital?

💡 Hint: Consider what a business needs on a day-to-day basis.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What are the four categories of business size?

Micro
Small
Medium
Large
Small
Medium
Large
Micro
Small
Large

💡 Hint: Remember the size classification you learned.

Question 2

Finance is only important for large businesses.

True
False

💡 Hint: Think about small shops or enterprises.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

If a micro enterprise wishes to expand into a small enterprise, what financial strategies should it consider?

💡 Hint: Reflect on the need for different sources as businesses grow.

Challenge 2 Hard

Discuss how economic downturns affect the financing decisions of large and small enterprises differently.

💡 Hint: Consider their financial flexibility and risk exposure.

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