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Grade 10 Business review quiz

Authored by Fergal closkey

Business

10th Grade

14 Questions

Used 40+ times

Grade 10 Business review quiz
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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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