
I2B 01 - Review Summative
Authored by HMC J
Business
10th Grade
Used 6+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Time management is the ability to
Lead a group to the successful completion of a task.
Act in a way that demonstrates professionalism.
Use one's time wisely to maintain or increase productivity.
Identifying and prioritizing business needs and goals.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Analyzing (identifying) short term and long term goals and creating priorities based on the most pressing needs defines which basic business skill?
Teamwork
Professionalism
Organizational planning
Time management
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Classify basic business skills (teamwork, professionalism, organizational planning and time management) according to your belief of most important to least important and then explain how you would utilize your strongest skill to be productive.
Evaluate responses using AI:
OFF
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A successful business is defined as
Any activity that creates revenue through the sale of goods.
An activity performed for the sole purpose of generating goods and services.
Any activity that provides goods and services to consumers for the purpose of making a profit.
Any activity in which consumers supply goods and services for the purpose of making a profit.
5.
OPEN ENDED QUESTION
3 mins • 1 pt
An example of a good produced by a business is:
Evaluate responses using AI:
OFF
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profits are determined by which of the following statements:
Input costs minus revenue
Revenue minus expenses
Expenses plus revenue minus resource expense
Revenue minus sales plus expenses
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate the following statement: Chris Lema said "Only put a price in front of a client when you fully understand what is motivating them." In your opinion, what is Lema saying about value and price?
Evaluate responses using AI:
OFF
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