WebXam Review - Principals of Business - 1 - Business Activities

WebXam Review - Principals of Business - 1 - Business Activities

9th - 12th Grade

16 Qs

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WebXam Review - Principals of Business - 1 - Business Activities

WebXam Review - Principals of Business - 1 - Business Activities

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Elizabeth Green

Used 7+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of business model?

Subscription-based

Franchise

Productivity-based

Freemium

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do businesses exist in society?

To maximize shareholder wealth

To provide goods and services to meet societal needs and wants

To maintain political stability

To promote individual self-interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a force driving business changes?

Technological advancements

Changing consumer preferences

Stable political climate

Legal and regulatory changes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does accounting interact with other business activities?

By managing human resources

By forecasting market trends

By tracking financial transactions and performance

By overseeing production operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of human resources management?

To develop marketing strategies

To optimize supply chain operations

To recruit, train, and manage employees

To analyze customer feedback

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does information management interact with other business activities?

By overseeing sales operations

By managing financial investments

By organizing and analyzing data to support decision-making

By developing product designs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of marketing?

To manage inventory levels

To oversee employee schedules

To identify and satisfy customer needs and wants

To regulate workplace safety protocols

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