Business Basics Interactive Lesson

Business Basics Interactive Lesson - October 5, 2020

Multiple Choice

One of the reasons a person would want to start his own business is that he would escape the 9-5 routine of a job.

• True

• False

Multiple Choice

Individuals start a business to become self-sufficient.

• True

• False

Multiple Choice

Individuals start their own business because they will get longer vacation hours.

• True

• False

Fill in the Blank

Identify three (3) types of Business Ownerships.

Multiple Choice

One of the main functions of a business is to ensure that government earns an income.

• True

• False

Fill in the Blank

List the four functional areas of an organization.

Multiple Choice

The Marketing & Sales Department is responsible for ensuring the warehousing of finished goods.

• True

• False

Multiple Choice

The Production/Manufacturing Department is responsible for pricing the product.

• True

• False

Multiple Choice

The Marketing & Sales Department is responsible for designing the product.

• True

• False

Multiple Choice

The Personnel or Human Resource Department is responsible for deciding on suitable methods of pay for the workers.

• True

• False