Starting a Business

Starting a Business

7th - 9th Grade

12 Qs

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Starting a Business

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Assessment

Quiz

Business

7th - 9th Grade

Practice Problem

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Alex Guthrie

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a "need"?

An essential you cannot survive without

A luxury that makes life easier or more pleasant

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of these is a need?

Food

Sofa

Laptop

Designer Clothes

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a "want"?

Something you can live without but makes life nicer

Something you cannot live without

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is a "want"?

Food

Water

Shelter

Airpods

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is customer service?

Manufaturing goods

Talking to and helping customers

Advertising products

Counting the money in the till

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What does "high staff turnover" mean?

Employees leave a business often and have to be replaced a lot

Employees rarely leave the business and so do not have to be replaced

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What does "commission" mean?

You are paid minimum wage

You are paid based on how many items you sell

You are paid a percentage of the sale you make

A management style

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