Introduction to Business

Introduction to Business

University

15 Qs

quiz-placeholder

Similar activities

1.2 Types of Organizations | 2021 - Business Management

1.2 Types of Organizations | 2021 - Business Management

11th Grade - Professional Development

18 Qs

Not for Profit

Not for Profit

11th Grade - University

12 Qs

MATS 11701 Revision Quiz

MATS 11701 Revision Quiz

University

10 Qs

COMPLIMENTARY QUIZ MGT 2023 ORGANIZATIONAL BEHAVIOUR

COMPLIMENTARY QUIZ MGT 2023 ORGANIZATIONAL BEHAVIOUR

University

20 Qs

Busi

Busi

1st Grade - Professional Development

18 Qs

Business Management & Entrepreneurship

Business Management & Entrepreneurship

University

13 Qs

Business 1.1+1.2

Business 1.1+1.2

10th Grade - University

17 Qs

Nature and significance of Management (CBSE  2021-22)

Nature and significance of Management (CBSE 2021-22)

12th Grade - University

20 Qs

Introduction to Business

Introduction to Business

Assessment

Quiz

Business

University

Hard

Created by

Ahmed Wisam

Used 17+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following statements best describes a business?

An entity that donates money to a charitable organisation.

An organisation that strives to make a profit by selling goods/services.

An organisation that works to enhance social welfare.

An institution that may or may not strive to maximize profit.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is NOT a component of management?

Organizing

Directing

Controlling

Experiencing

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is a characteristic of a product?

Separable

Intangible

Offered by an organisation

Inseparable

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is not a characteristic of a service?

Non perishable

Intangible

Manufactured by an organisation

Inseparable

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following formulas is correct?

Revenue = cost + profit

Cost = profit + revenue

Profit = revenue - cost

Profit = revenue - liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A ______________ organisation is an organisation that exists to achieve a goal other than the usual business goal of making a profit

social

government

business

not-for-profit

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is a factor of production?

Enterprise

Land

Capital

All of the above

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?