Year 10 Baseline Assessment - Unit 1
Authored by Angie Miles
Business
10th Grade
Used 3+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the primary goal of a business?
To produce goods or services
To employ people
To close down
To create advertisements
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a key characteristic of an entrepreneur?
Avoids risks
Prefers to work alone
Takes risks
Dislikes change
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is meant by the term 'market research'?
Researching the weather
Finding out what consumers want
Investigating a competitor's products
Studying ancient markets
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does 'profit' mean in business?
The total amount of sales
The amount left after all costs are paid
The total number of products made
The salary of the employees
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a type of business ownership?
Sole trader
Partnership
Private limited company (Ltd)
All of the above
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why is understanding customer needs important for a business?
To generate sales and ensure survival
To confuse the competition
To reduce the number of employees
To create complex products
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is 'e-commerce'?
Trading goods at a market
Buying and selling goods online
A method of transportation
Advertising in newspapers
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