Unit 1 Quiz

Unit 1 Quiz

10th Grade

11 Qs

quiz-placeholder

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Unit 1 Quiz

Unit 1 Quiz

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

James Kent

Used 22+ times

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11 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following is an internal stakeholder of business that repairs cars?

Mechanics who work at the garage
Motorists who bring their car to the garage to be repaired
Residents living near to the garage
The government that creates the laws the garage must obey

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The reward for enterprise is:

Hard work
Profit
Risk
Self-discipline

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which one of the following is not a reason to start your own business?

To be your own boss
To increase financial risk
To pursue personal interests
To satisfy customer needs

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

A business makes jeans. Which of the following is the role of its suppliers?

To advertise the jeans on national television
To buy large quantities of jeans
To deliver fabric and fastenings on time
To pay the wages of the sewing machinists

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following would increase the market share of a company?

Employing fewer staff
Making its products more appealing
Reducing output
Spending less money

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Two toy shops in Southsea have different objectives. Which of the following could be a reason why these two businesses have different objectives?

Central government sets specific objectives for every business
Diversification is not allowed
One business is a new start-up and the other is well established
The law does not allow businesses to have identical objectives

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which one of the following is a benefit of business planning?

It increases business risk
It increases the legal requirements on a business
It reduces the amount of profit a business can make
It reduces the chances of business failure

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