Practice Based on Source - 7.3 | Chapter 3: Business Size and Finance | ICSE Class 12 Business Studies
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define micro enterprises.

πŸ’‘ Hint: Think of a local shop.

Question 2

Easy

What is working capital?

πŸ’‘ Hint: Consider daily expenses.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary difference between micro and small enterprises?

  • Micro enterprises employ fewer workers.
  • Small enterprises have higher capital investment.
  • Both have the same capital.

πŸ’‘ Hint: Think about the definitions.

Question 2

True or False: Working capital is used for long-term investments.

  • True
  • False

πŸ’‘ Hint: Consider what each term means.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Explain how a large enterprise's approach to finance differs from a micro enterprise's.

πŸ’‘ Hint: Consider their scale and resource availability.

Question 2

Discuss the implications of the type of capital chosen for business expansion.

πŸ’‘ Hint: Think about the strategies for short-term vs long-term needs.

Challenge and get performance evaluation