Grade 10 Business review quiz
Quiz
•
Business
•
10th Grade
•
Practice Problem
•
Hard
Fergal closkey
Used 40+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _________________________________ makes products and services which satisfy the needs and wants of customers.
production department
promotions department
Input
Output
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The making of a product or service is known as production.
True
False
Neither
Both
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business combines ___________ to make products or services.
production
input
output
raw materials
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is NOT an example of input.
raw materials
capital
human resources
marketing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All inputs are processed into goods or services known as _________________________.
value-added inputs
value-added outputs
value-added tax
value-added income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Outputs are the finished products or services at the end of the production process.
true
false
neither
both
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Added value means the difference between the selling price of a product and the cost of the materials used to make it.
true
false
neither
both
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