Business quiz

To do business is to:

• Talk about money.

• Produce and sell goods/service for profit.

• Buy things for profit.

What is an agenda?

• An orderly body of people with a particular purpose.

• Plan that’s been carefully put together.

• List of things to be done to achieve a goal.

A business begins with:

• Money and popularity

• Motivation and work ethic.

• The business idea and a name.

What is competition?

• Winning/Losing over others that are trying to be your friend.

• Winning/Losing over others that are trying to do the same as you.

• Winning/Losing over others that are trying to do different things from you.

What can be one of the most valuable assets of a business?

• The business name.

• The office space.

• The clothes of the owner.

What is a business organization?

• A group of friends talking about money.

• An orderly body of people with a purpose to do business.

• A group of students trying to do a quiz.

A business often forms after the development of a...

• Friendship

• Business plan

• Partnership

What is a strategy?

• A plan to take over the world.

• A plan that’s been written quickly to find a purpose.

• A plan that’s been carefully put together to achieve a goal.

What is necessary to determine turning the idea into a business?

• Market research.

• Name of the business.

• Money.

What is a Niche?

• A specialized segment of the market.

• An organized plan.

• A strong feeling.