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Test your understanding with targeted questions related to the topic.
Question 1
Easy
Name the four categories of business size.
π‘ Hint: Think of sizes relative to operation scale.
Question 2
Easy
What is working capital?
π‘ Hint: Consider what a business needs on a day-to-day basis.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What are the four categories of business size?
π‘ Hint: Remember the size classification you learned.
Question 2
Finance is only important for large businesses.
π‘ Hint: Think about small shops or enterprises.
Solve 2 more questions and get performance evaluation
Push your limits with challenges.
Question 1
If a micro enterprise wishes to expand into a small enterprise, what financial strategies should it consider?
π‘ 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.
π‘ Hint: Consider their financial flexibility and risk exposure.
Challenge and get performance evaluation