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Intro to Business Part 1

Authored by BRITTNEY JANOSIK

Business

9th - 12th Grade

Intro to Business Part 1
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46 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is an entrepreneur?

A person who invests in a company
Someone who takes a risk by starting a business to earn a profit
A person who measures peoples credit scores
A business organized for profit

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

US citizens currently looking for a job that are 16 or older are considered in what group?

Workforce
The retured population
The student body
The underemployed

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is Social Responsibility?

The duty of a business to contribute to the well-being of a community
The obligation of individuals to volunteer at least 20 hours a month
The practice of hiring only family members

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is marketing?

The specific sequence of steps consumers follow to make a purchase
The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
A specific group of customers who have similar wants and needs
The reasons consumers decide what products and services to purchases

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is management?

The way a manager works with and involves employees
The process of strategically accomplishing the goals of an organization through the effective use of people and other resources
The ability of a person to affect the actions of others

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What are imports?

Good and services being bought from the United States
Good and services coming out of the country
Good or services bought from other countries

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is Money Management?

Costs that occur on a regular basis and are for the same amount each time.
the day-to-day financial activities involved in using limited income to satisfy your unlimited needs and wants.
A way to increase the quality of work by reducing errors, inefficiencies, and waste. Rather than waiting for a problem to occur, processes are continuously reviewed with the goal of finding ways to improve them.
Changing the form of raw materials so they can be consumed or sued to make other products.

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