Business review

Business review

8th - 12th Grade

12 Qs

quiz-placeholder

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Business review

Business review

Assessment

Quiz

Professional Development

8th - 12th Grade

Practice Problem

Medium

Created by

Alberto Carrera

Used 11+ times

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The additional cost that the company adds to a product in order to make a profit.

added value

cost price

production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factors of production are...

land, labour, capital.

land, labour, capital, and enterprise.

people, labour, capital, and enterprise.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Provides financial resources to enable production.

marketing department

financial department

production department

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Enables a business to compare its level of production with that of its competitors.

Labour productivity

marketing department

opportunity cost

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where a seller and customer come together to perform the business activity.

production

productivity

market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the department in charge of generating customers.

finance department

marketing department

production department

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is something essential.

a need

a want

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