Business Assessment

Business Assessment

11th Grade

10 Qs

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Business Assessment

Business Assessment

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Kaleb Matty

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key component of marketing strategy?

Sales

Advertising

Distribution

Customer Service

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

  1. What does ROI stand for in business?

Return on Investment

Rate of Interest

Revenue Over Income

Realization of Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. Unlimited liability is a characteristic of a sole proprietorship

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

  1. What is a trade deficit?

  • When a country exports more goods than it imports

When a country imports more goods than it exports

  • When a country has a balanced trade between imports and exports

When a country has no international trade

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. Which financial statement shows the profitability of a business over a specific period of time?

Balance sheet

Income Statement

Cause flow statement

Statement of retained earnings

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

  1. What is a target market?

  • The entire population that can afford a product

  • The group of people who are most likely to dislike a product

  • The market segment with the highest competition

  • The specific group of people a business aims to sell its products or services to

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. Which of the following is an example of a push marketing strategy?

Product placement in movies

Influencer partnerships

Social media marketing

Television advertising

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