2.01 - 2.02 Understand the Business Environment Test

2.01 - 2.02 Understand the Business Environment Test

9th - 12th Grade

65 Qs

quiz-placeholder

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2.01 - 2.02 Understand the Business Environment Test

2.01 - 2.02 Understand the Business Environment Test

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Diane Coffing

Used 5+ times

FREE Resource

65 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A producer is someone who

sells products

is very creative

makes things

employs others

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

One way in which a business can show its social responsibility is by ______ its profits.

dividing

maximizing

reducing

controlling

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A large retailer feels that it has a duty to contribute to the well-being of society, so it donates a portion of its proceeds to a charity that helps the environment. The retailer is demonstrating

social responsibility

wholesaling

voluntary chains

e-tailing

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Farms, mines, and lumber companies are examples of

builders

manufacturers

trade industries

raw-goods producers

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company that transforms cotton into wearable clothing is considered a

raw-goods producer

manufacturer

service business

builder

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The two main divisions of the trade industry are

producers and retailers

manufacturers and wholesalers

wholesalers and retailers

wholesalers and producers

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What do service businesses sell

retail merchandise

raw goods

wholesale merchandise

intangible activities

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