Intro to Business Final Review

Intro to Business Final Review

9th - 12th Grade

50 Qs

quiz-placeholder

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Intro to Business Final Review

Intro to Business Final Review

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

CCSS
L.1.6, L.3.6, L.4.6

+1

Standards-aligned

Created by

Rob Breshears

Used 8+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written description of a business venture that describes all aspects of the business is called

a company charter.

a company policy.

a business plan.

an executive summary.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business may stop manufacturing because

of government taxes.

it can't keep up with demand.

there's a decrease in demand.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are disadvantages of forming a corporation except

double taxation

limited liability

government regulation

difficult to start

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demographics do not include

gender

behavior characteristics.

income levels

location

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of the next-best alternative that you did not choose is called a trade-off. 

true
false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of the next best option that was not selected:

Opportunity Cost

Trade Off

Need

Want

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type economy is in place when the Government makes all the decisions?

Market

Command

Mixed

Traditional

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