Fundamentals of Business Quiz 1

Quiz
•
Other
•
8th Grade
•
Easy
Chelsea Reichel-Modlin
Used 22+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business is an organization which attempts to sell products in an attempt to make a ___________?
profit
revenue
expense
income
2.
OPEN ENDED QUESTION
3 mins • 3 pts
What are the 3 main types of business ownership?
Evaluate responses using AI:
OFF
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
___________ buy products.
4.
VIDEO RESPONSE QUESTION
10 mins • 3 pts
Give an example of a LOCAL BUSINESS that provides both goods & services to its customers.
Be sure to include the business name, an example of a good and an example of a service.
1 min video
5.
DRAG AND DROP QUESTION
1 min • 2 pts
(a) = (b) - Expenses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Corporations are owned by...
Stockholders
an individual
Rich People
Board of Executives
7.
OPEN ENDED QUESTION
3 mins • 2 pts
What is a franchise?
Evaluate responses using AI:
OFF
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