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Entrepreneurship 1 Unit 4 Test

Authored by Darlene Smith

Business

12th Grade

21 Questions

Used 2+ times

Entrepreneurship 1 Unit 4 Test
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The path or route that products take from producer to consumer.

Product Flow

Routing

Distribution Channel

Dispatching

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How products get from producers to consumers.

Retailers

Supply Chain

Inventory Management

Operations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Operating cost is also called ______________.

Overhead Cost

Cost-based Pricing

Breakeven

Channels

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the creation of goods and services from economic resources.

Operations

Entrepreneurship

Marketing

Production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are intermediaries who help move goods between producers and retailers by buying goods from producers and selling them to retailers?

Agencies

Wholesalers

Distributors

Middlemen

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The form that a business fills out to order goods.

Purchase Order

Tax Form

Google Form

Breakeven Report

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many participants are in every supply chain?

two

four

six

eight

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