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Chapter 1: Check for Understanding

Authored by Katie Feagin

Business

12th Grade

Used 33+ times

Chapter 1: Check for Understanding
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company or organization that makes, sells, or provides products in exchange for money

Profit

Business

Manufacturer

Economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a role that businesses play in society?

Provides products

Creates markets

Increases economic benefit

All of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ultimate goal of every business is to

Earn a profit

Pay taxes

Create jobs

Serve the community

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of business activities involve the input and output of money?

Operational activities

Investment activities

Financial activities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of business activities involve using money to create more wealth over time?

Operational

Investment

Financial

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of business activities make up the majority of the daily tasks and help you build a higher net worth?

Operational

Investment

Financial

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchasing buildings and buying stock are examples of:

Operational activities

Investment activities

Financial activities

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Microsoft

Microsoft

Apple

Apple

Others

Others

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