Practice Expansion - 5.3 | 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

What are the four categories of business size?

πŸ’‘ Hint: Think about the scale of operations.

Question 2

Easy

What is working capital?

πŸ’‘ Hint: Consider everyday 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 a micro enterprise?

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

πŸ’‘ Hint: Consider the scale of operations.

Question 2

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

  • True
  • False

πŸ’‘ Hint: Think about their operational scale.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

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

πŸ’‘ Hint: Consider your immediate financial needs and who can help.

Question 2

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

πŸ’‘ Hint: Think about how these programs can influence funding availability.

Challenge and get performance evaluation