Practice Summary - 11 | Chapter 3: Business Size and Finance | ICSE Class 12 Business Studies
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Academics
Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Professional Courses
Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skillsβ€”perfect for learners of all ages.

games

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Name the four categories of business size.

πŸ’‘ Hint: Think of sizes relative to operation scale.

Question 2

Easy

What is working capital?

πŸ’‘ Hint: Consider what a business needs on a day-to-day basis.

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 are the four categories of business size?

  • Micro
  • Small
  • Medium
  • Large
  • Small
  • Medium
  • Large
  • Micro
  • Small
  • Large

πŸ’‘ Hint: Remember the size classification you learned.

Question 2

Finance is only important for large businesses.

  • True
  • False

πŸ’‘ Hint: Think about small shops or enterprises.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

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

πŸ’‘ Hint: Reflect on the need for different sources as businesses grow.

Question 2

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

πŸ’‘ Hint: Consider their financial flexibility and risk exposure.

Challenge and get performance evaluation