A business is defined as an organization engaged in _________.
Session 136 L2 quiz 1

Quiz
•
Education
•
4th Grade
•
Easy
Education 10x
Used 112+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Commercial activity
Industrial activity
Professional activity
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business plan is a document that outlines the _______.
Goals
Strategies
Steps
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business idea is a concept that can be used to earn money that is usually centered on a good or a service.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To find a good business idea, you first need to make a list of things you really like to do or would like to work on.
Yes
No
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Having something that differentiates your product with others available is known as _________.
Unique Selling Point
Unique Selling Process
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your business idea could also be about launching a new product.
Yes
No
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ben wants to start a business for which Hellen suggested that he should check the market space and analyze it before launching the product. Do you think Hellen gave him the right suggestion?
Yes
No
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market research involved gathering information about a market, product, or service to gain insight into customers, competitors, and the market.
True
False
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