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Business Studies Overview Quiz

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Questions and Answers

What does the field of business studies encompass?

Principles of business, management, and economics (correct)

Principles of literature and history

Principles of psychology and sociology

Principles of physics and chemistry

Where is business studies taught under the name 'business studies'?

China

Germany

France

Mauritius (correct)

At what levels can business studies be taken in England?

Doctorate and Master's

GCSE and A-level (correct)

Primary and Secondary

Undergraduate and Postgraduate

What are the subjects covered in business studies?

Business Organization, People in Business, Marketing, Operations & Production, Finance, and Strategic Management Signup and view all the answers

What is the purpose of teaching business studies?

To give students a general overview of the various elements of running a business Signup and view all the answers

What does debt financing for small businesses typically involve?

Borrowing funds to finance the business Signup and view all the answers

What decreased in availability in the wake of the financial crisis of 2007–08?

Traditional types of small business financing Signup and view all the answers

What are the two broad categories of small business financing options mentioned?

Traditional and alternative Signup and view all the answers

What are the principal advantages of borrowing funds to finance a small business?

Lender will not have any say in how the business is managed Signup and view all the answers

What does equity financing for small businesses involve?

Selling ownership interests in exchange for capital Signup and view all the answers