Business Site Selection Quiz

Business Site Selection Quiz

12th Grade

11 Qs

quiz-placeholder

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Business Site Selection Quiz

Business Site Selection Quiz

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Adrienne Sledge

Used 3+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Trade Area in the context of business site selection?

The area where a company's employees live.

The area from which a business expects to draw most of its customers.

The region where a business's products are manufactured.

The zone designated for commercial development by the local government.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are Economic Indicators used for in business?

To determine the aesthetic value of a business location.

To predict the weather patterns for a business location.

To assess the economic viability of a business location.

To calculate the exact profit a business will make.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Brick-and-Mortar business?

A business that deals exclusively with construction materials.

A company that only sells products online.

A company with a physical store or facility for at least a portion of its operation.

A business that specializes in real estate investments.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an E-business?

A company that uses electronic networks to conduct any business process.

A business that is environmentally friendly.

A company that exclusively sells electronic devices.

A business that only operates during electronic trade shows.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does E-commerce involve?

The exchange of goods and services through the Internet.

The electronic management of employees.

The trading of stocks and bonds online.

The digital recording of company meetings.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Hybrid business?

A business that uses hybrid vehicles for transportation.

A company that combines elements of non-profit and for-profit models.

A business that operates in multiple countries.

A blend of e-business and brick-and-mortar location types.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Lease in the context of business?

A document outlining employee responsibilities.

A legal contract to use property owned by another person or company for a specific amount of time.

An agreement to purchase equipment after a trial period.

A commitment to maintain a property for its owner.

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