Business Essentials (FC-8)

Business Essentials (FC-8)

8th Grade

15 Qs

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Business Essentials (FC-8)

Business Essentials (FC-8)

Assessment

Quiz

Business

8th Grade

Practice Problem

Hard

Created by

Cheryl Leonard

Used 29+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Starting a new business is also known as

LIQUIDATION

DIVERSIFICATION

ENTREPRENEURSHIP

AMORTIZATION

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The best definition of MARKETING is that it is the process of

planning, pricing, promoting, distributing, and selling a product or service

optimal product placement

product research and development

organizing and starting a business in a unique setting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A RETAIL business is one in which products/services are

provided at a discount

marketed online

sold online

sold directly (in person) to a consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A product sold targeting a particular region is known as a

GEOGRAPHIC Target Area

DEMOGRAPHIC Target Area

BEHAVIORAL Target Area

GEOPHYSICAL Target Area

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A product or service targeted to people who are of a certain age group, generation, or "type" is called a

GEOPHYSICAL Target Area

DEMOGRAPHIC Target Area

GEOGRAPHIC Target Area

BEHAVIORAL Target Area

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A product or service targeted to a hobby, occasion, or condition is called a

GEOPHYSICAL Target Audience

DEMOGRAPHIC Target Audience

BEHAVIORAL Target Audience

GEOGRAPHIC Target Audience

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A VENTURE CAPITALIST

invests capital in exchange for a stake in a business

a government official who regulates new businesses

an advisor for cost-cutting

an entrepreneur who starts a chain of businesses

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