Unit 3 Business Essentials

Unit 3 Business Essentials

9th - 12th Grade

20 Qs

quiz-placeholder

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Unit 3 Business Essentials

Unit 3 Business Essentials

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Marnelle Bailey

Used 493+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A business can be described as a(n)

disorganized method of manufacturing products

organized effort to produce goods and services

reasonable way to make a profit

unreasonable means for increasing revenues

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A business that exists to fulfill a specific mission or undertaking is called

a __________ business.

mission central

focused

for-profit

non profit

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Every business must accomplish which of the following:

Produce or provide goods/services

Obtain venture capital

Issue corporate bonds

Trade or sell business assets/property

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following represents a primary business activity:

scheduling

designing

marketing

supervising

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Financial analysis occurs when a business

communicates with potential customers.

keeps accurate expense records.

plans for long-term success.

effectively retrieves data.

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Within a local pizza shop, financial analysis is most likely used to

attract customers

oversees the baking process

obtain funding for the supplies

develop the best recipe

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following activities demonstrates human resources

management:

The business gives its preferred customers a special discount.

The business takes care of the responsibilities associated with having

employees.

The business includes top-level managers in long-term planning.

The business acts on new information about a competitor.

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