Back to the full dot-point answer
ScotlandBusiness ManagementQuick questions
Understanding Business
Quick questions on Business objectives and factors of production - SQA National 5 Business Management
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Name the four factors of production. [2 marks]
What is q2?Show answer
Describe why survival might be the main objective for a new business. [2 marks]
What is q3?Show answer
Explain one benefit to a business of good after-sales service. [2 marks]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.