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Introductory Business Quiz

Authored by Reet Virk

Business

12th Grade

Used 7+ times

Introductory Business Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of a business?

To create products

  • To make a profit

To hire employees

To develop a brand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a target market?

All the people in the community

The group of people most likely to buy a product

The employees of a company

The people who live near your business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 4P’s of Marketing Mix?

Price, Product, Promotion, Place

Plan, Produce, Promote, Place

People, Price, Place, Promotion

Product, Price, People, Place

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term refers to the amount of money earned from selling goods or services before any costs are subtracted?

Net profit

Gross profit

Revenue

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ‘B2B’ stand for?

Business to Business

Business to Buyer

Business to Boss

Buyer to Buisness

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which social media platform is known for professional networking?

Facebook

Instagram

Linkedin

Tik-tok

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a fixed cost for a business?

Utilities

Salaries

Marketing campaigns

Raw materials

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Google

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Email

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Classlink

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Microsoft

Microsoft

Apple

Apple

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Others

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