Intro to Business 1-7 Lesson Quiz

Intro to Business 1-7 Lesson Quiz

11th Grade

24 Qs

quiz-placeholder

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Intro to Business 1-7 Lesson Quiz

Intro to Business 1-7 Lesson Quiz

Assessment

Quiz

Business

11th Grade

Practice Problem

Hard

Created by

Steve Wills

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model is how a company sells its products to customers and it’s plan for making a __________.


expense

invention

profit

sales forecast

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A manufacturer makes finished products from raw materials and is a type of:

business ownership

business model

business plan

franchise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Selling your product directly to your end customers without third-party retailers, wholesalers, or other middlemen is called:

Wholesaler

Bricks-and-Clicks

Nickel-and-Dime

Direct to Consumer (D2C)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A distributor buys products from _______________ and resells them either to wholesalers, retailers or the public.

retailers

manufacturers


freemium

consumers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _______________ buys products from a manufacturer, distributor, and/or wholesaler and sells directly to the consuming public.

retailer


middleman


blockchain


auction house

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are two types of retailers, Bricks-and-Mortar retailers and _____________ retailers.

Distributor

Wholesaler

Subscription

Online

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

E-Commerce is an electronic medium to facilitate the buying and selling of products and services by businesses and consumers, and can support this approach to business:

Business to Business (B2B)

Business to Consumer (B2C)

Consumer to Consumer (C2C)

all the above

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