Entrepreneurship Lesson 4.05 Review

Entrepreneurship Lesson 4.05 Review

8th Grade

10 Qs

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Entrepreneurship Lesson 4.05 Review

Entrepreneurship Lesson 4.05 Review

Assessment

Quiz

Mathematics

8th Grade

Practice Problem

Easy

Created by

Beth King

Used 20+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is production?

The selection of inputs for making outputs

The creation of goods and services from economic resources

The conversion process that results in a time utility

The process of assembling the factors of production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of production?

Answering your cell phone

Purchasing food items

Reading a new novel

Providing home security

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of conversion process is being used in an automated assembly line that produces soft drinks?

Batch

Capital-intensive

Unit

Labor-intensive

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following outputs is considered an industrial good?

A freezer purchased by a restaurant owner

A gallon of milk purchased by a college student

A textbook purchased by a college student

A sewing machine purchased for home use

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a true statement about production activities?

Most are considered difficult tasks

They vary depending on the product being created

They are not necessary for the success of the business

They rely solely on capital resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which production activity is used to obtain all the resources needed for production to take place?

Routing

Purchasing

Dispatching

Scheduling

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of production would most likely be used to produce prescription glasses?

Unit

Batch

Robotic

Mass

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