End of unit 1 Questions

End of unit 1 Questions

10th Grade

27 Qs

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End of unit 1 Questions

End of unit 1 Questions

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Catriona O'Hara

Used 6+ times

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27 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the main characteristic of a multinational corporation (MNC)?

Operates in only one country

Conducts business in multiple countries

Focuses exclusively on local markets

Has limited production capacity

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is a feature of globalisation?

Increased interconnectedness and interdependence of economies and cultures
Decreased communication and interaction between countries
Limited access to international markets and resources
Isolation and independence of economies and cultures

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is an example of visible trade?

Manufactured aircraft parts

Buying and selling of stocks
Investing in real estate

Tourism

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Interest rates decreased in the UK by 2%. What affect did this have on businesses?

Inflation will fall

Consumers will spend more

Business will be less likely to borrow money

Business sales revenue will decrease

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is not an external factor that may affect a businesss?

Political

Profit

Social factors

Environmental factors

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is most likely to be used by shareholders to measure the success of a business?

Revenue

Dividend growth

Quality of customer service

Social impacts

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which one of the following desribes a business that begins trading with insuffucient capital?

Overtrading

Undercapitalised

Overdrawn

Insolvent

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