Business Final

Business Final

11th Grade

15 Qs

quiz-placeholder

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Business Final

Business Final

Assessment

Quiz

Business

11th Grade

Practice Problem

Easy

DOK Level 2: Skill/Concept, DOK Level 3: Strategic Thinking

Standards-aligned

Created by

David Bennett

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the concept of business ethics?

The study of how to increase profits

The principles and standards that determine acceptable conduct in business

The process of creating a business plan

The methods used to market products

Tags

DOK Level 2: Skill/Concept

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a marketing strategy?

Setting up a code of ethics for employees

Conducting a SWOT analysis

Launching a social media campaign to promote a new product

Filing for a business license

Tags

DOK Level 2: Skill/Concept

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of a SWOT analysis?

To determine the financial health of a business

To identify strengths, weaknesses, opportunities, and threats

To create a marketing plan

To establish business ethics guidelines

Tags

DOK Level 2: Skill/Concept

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of an entrepreneur?

Prefers to work for a large corporation

Avoids taking risks

Innovates and takes risks to create new business opportunities

Focuses solely on maintaining existing business operations

Tags

DOK Level 2: Skill/Concept

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business ownership involves two or more individuals sharing the profits and responsibilities?

Sole proprietorship

Partnership

Corporation

Franchise

Tags

DOK Level 2: Skill/Concept

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a business ethically handle a situation where a product defect is discovered?

Ignore the defect and continue selling the product

Inform customers and offer a recall or replacement

Blame the defect on the supplier

Increase the price to cover potential lawsuits

Tags

DOK Level 3: Strategic Thinking

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in developing a successful marketing strategy?

Understanding the target market's needs and preferences

Reducing production costs

Hiring more employees

Increasing the price of products

Tags

DOK Level 3: Strategic Thinking

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