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Business Quiz

Authored by Jermaine Ojwang

Other, Business

7th - 9th Grade

Used 135+ times

Business Quiz
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

commercial

service

industrial

financial

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If two firms in the same line of business merge together, it is known as ________ merger

Horizontal

Vertical

Conglomerate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A horizontal bar chart that shows project tasks against a calendar is called

Milestone

Gantt chart

PERT chart

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Limited Liability in Partnership has been introduced after seeking inspiration from

Sole Proprietorship

Company or Corporation

Both (A) and (B)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The net wealth of the aggregate economy is equal to the sum of

All real assets.

All financial assets.

All physical assets.

All real and financial assets.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is a principle in economics?

People need only food and water
People have unlimited needs, limited wants
People have unlimited wants
People have unlimited resources

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is NOT an example of a good?

steel
power
automobiles
aircraft parts

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