Practice Need for Business Finance - 5 | 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 establishment costs?

πŸ’‘ Hint: Think about what you need to start a business.

Question 2

Easy

What is working capital?

πŸ’‘ Hint: Consider regular expenses of a business.

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 need for business finance?

  • Establishment
  • Marketing
  • Operational Efficiency

πŸ’‘ Hint: Think of what you need to start a business.

Question 2

True or False: Working capital is essential for daily operations.

  • True
  • False

πŸ’‘ Hint: Consider the daily expenses of a business.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A local restaurant is facing operating losses because it cannot pay its suppliers. Evaluate the possible reasons behind this financial issue.

πŸ’‘ Hint: Analyze how daily expenses and operational management affect the situation.

Question 2

A medium-sized manufacturing unit wishes to expand but is uncertain about the type of finance to seek. Discuss the factors it should consider.

πŸ’‘ Hint: Focus on the aspects of finance that align with business growth.

Challenge and get performance evaluation