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ESB Prep 1 & 2 Review

Authored by Joel Delgado

Business

9th - 12th Grade

Used 10+ times

ESB Prep 1 & 2 Review
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21 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which equation will correctly help you find profit?

Revenue - Expenses

Revenue + Expenses

Expenses - Revenue

Revenue x Expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a characteristic of Entrepreneurs that we discussed?

Adaptable

Reckless

Responsible

Tenacious

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following characteristics does not help identify a business opportunity?

Price

Quality

Location

Advertising

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sonic and Dairy Queen are examples of...

Direct Competition

Indirect Competition

No Competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gatorade and Dr. Pepper are examples of....

Direct Competition

Indirect Competition

No Competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nike and Home Depot are examples of...

Direct Competition

Indirect Competition

No Competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A carsalesman who receives 10% of the amount of every car he sells is an example of what type of pay?

Hourly

Salary

Commision

Piecework

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