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3.1.1 - The purpose and nature of business MatchUp

Target Level
4-5
Running Total
0
0%
Attempt
1 of 3

Drag each of the top boxes to its matching pair. You must match all the pairs before clicking ‘Check’.

Risk-taker, innovative and hard-working
Technology
Tertiary
Capital
Primary
Factors of production
Labour
Enterprise
A gap in the market
Legislative change
A mine, a fish farm and a forest are all examples of which sector?
A hairdresser, a chiropodist and a bank are all examples of which sector?
Land, labour, capital and enterprise are known as what?
Entrepreneurs have many characteristics. What are they?
The business environment changes when the national minimum wage is increased. What is this called?
A business has to reconsider use of social media advertising and e-commerce. This is due to a change in what? 
The factor of production that is related to employing staff
The factor of production that relates to investment in fixed assets for the business
The factor of production that relates to the characteristics of the business owner
An entrepreneur carries out research to decide what product or service to offer. This refers to finding what?

This is your 1st attempt! You get 3 marks for each one you get right. Good luck!

Pass Mark
75%