Business Studies
Quiz
•
Business
•
10th Grade
•
Practice Problem
•
Medium
Noema Barretto
Used 250+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is the process of producing goods and services to satisfy consumer demand.
Need
Want
Business Activity
Scarcity
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the Factors of Production?
Land
Labour
Capital
Enterprise
Money
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
There are not enough goods and services to meet the wants of the population.
Opportunity Cost
Specialisation
Want
Scarcity
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is the benefit that could have been gained from an alternative use of the same resources.
Scarcity
Specialisation
Opportunity Cost
Business Activity
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following are classifications of Businesses. Except?
Primary Sector
Duodenary Sector
Secondary Sector
Tertiary Sector
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the examples of Primary Sectors?
farming
shops
forestry
mining
restaurants
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Firms that manufacture and process goods from natural resources.
Tertiary Sector
Duodenary Sector
Secondary Sector
Primary Sector
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