Intro Chapter 4 Review

Intro Chapter 4 Review

9th - 12th Grade

35 Qs

quiz-placeholder

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Intro Chapter 4 Review

Intro Chapter 4 Review

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Nicole Clifford

Used 6+ times

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35 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A(n) ____ business is an organization that generates revenue.

consumer

for-profit business

collective

union

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A(n) ____ exists to serve some public purpose.

company

union

not-for-profit organization

collective

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

____ are businesses that use supplies from other producers to make products.

Assemblers

Factories

Manufacturers

Extractors

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business that purchases large quantities of products directly from producers and sells the products in smaller quantities to retailers is a ____.

wholesaler

middle-man

store

company

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In a private enterprise system, ____ directly provide consumers with products that meet their needs and wants.

service business

wholesaler

retailers

stores

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A ____ is the simplest and most common form of business ownership.

corporation

partnership

store

proprietorship

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A ____ is an association of two or more persons who co-own a business with the objective of earning a profit.

store

partnership

proprietorship

company

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