Business in the Real World Knowledge Test
Authored by Mr Mitchell
Business
9th - 12th Grade
Used 17+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is being described?
"A new business that has recently started operating".
Entrepreneur
Start-up
Sole Trader
Limited Company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of organisation sells shares on the stock exchange?
MNC
LTD
NPO
PLC
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Businesses exist to satisfy our ...
Demands
Goods
Wants
Needs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an 'intangible product'
Netflix subscription
Restaurant dinner
Mobile phone
Wiper blades
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is being described:
"A person, or another business, that will use a product."
Customer
Consumer
Contractor
Client
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is being described?
"A business that is owned by a single person".
Organisation
Private Limited Company
Entrepreneur
Sole trader
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
What is being described?
"A business that is owner by 2 - 20 people".
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