Business Quiz

Business Quiz

9th - 12th Grade

12 Qs

quiz-placeholder

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Business Quiz

Business Quiz

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Scott Raine

Used 254+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

what is business ?

It is a transaction

It is a profit

it is a organisation

it is a transaction of trade for profit making

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that engages in finance, sales, or reselling is a __________ business

commercial

service

industrial

financial

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a bank is an example of what type of business?

commercial

service

industrial

real estate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a franchise relationship, the entity who is the person leasing the rights of his/her tools of business is referred to as the __________?

franchisor

franchisee

franchizor

lessee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a supplier?

A business which sells (or supplies) products to another business.

Any person or organisation which buys or is supplied with a product or by a business.

The person who ultimately uses (or consumes) a product.

The wants and desires of buyers of a product or the customers of a business.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a customer?

Those who provide data for a survey usually by answering questions in a questionnaire or interview.

A business which sells (or supplies) products to another business.

A group of similar products made by a business like a number of different soap products.

Any person or organisation which buys or is supplied with a product or by a business.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a franchise agreement the payment, every year, to utilize all the tools of the franchisor, is called ___________?

royalty

franchise

business agreement

license fees

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