Business Concepts Quiz

Business Concepts Quiz

8th Grade

10 Qs

quiz-placeholder

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Business Concepts Quiz

Business Concepts Quiz

Assessment

Quiz

Business

8th Grade

Practice Problem

Medium

Created by

Lydia R

Used 35+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of identifying, anticipating, and satisfying customer needs and wants?

Production

Marketing

Finance

Entrepreneurship

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a marketing strategy?

Product Differentiation

Market Segmentation

Cost Leadership

Profit Maximization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the financial statement that shows a company's revenues and expenses over a period of time?

Balance Sheet

Income Statement

Cash Flow Statement

Statement of Retained Earnings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of an entrepreneur?

Risk-averse

Innovative

Hierarchical

Conservative

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of planning, organizing, and controlling financial resources to achieve organizational goals?

Marketing

Finance

Entrepreneurship

Management

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a source of financing for a business?

Equity Financing

Debt Financing

Venture Capital

Product Differentiation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the total value of a company's outstanding shares of stock?

Market Capitalization

Net Income

Gross Profit

Return on Investment

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