businesss

businesss

1st Grade - Professional Development

18 Qs

quiz-placeholder

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businesss

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Assessment

Quiz

Business

1st Grade - Professional Development

Practice Problem

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18 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is an example of a service?

A bus journey
A bus
A bus stop

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the individual who buys a product called?

Customer
Consumer
Supplier

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which industry sector are raw materials a part of?

The primary sector
The secondary sector
The tertiary sector

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a car an example of?

A cost
A service
A product

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following does every business do?

Make a profit
Produce goods and services
Provide jobs for everyone

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do you call an individual who sets up their own business?

An enterprise
An entrepreneur
A stakeholder

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is it called when multiple business are trying to win the same customers?

A competitive market
A monopoly
A diverging market

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