Business & Its Environment Quiz

Business & Its Environment Quiz

University

22 Qs

quiz-placeholder

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Business & Its Environment Quiz

Business & Its Environment Quiz

Assessment

Quiz

Business

University

Easy

Created by

NOORHAFIZA ZAINAL ABIDIN

Used 1+ times

FREE Resource

22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of business according to the text?

The effort of individuals to produce and sell goods and services for a profit

The effort of individuals to produce and sell goods and services for personal use

The effort of individuals to produce and sell goods and services for a loss

The effort of individuals to produce and sell goods and services for charity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which functional area in business involves planning, organizing, leading, and controlling a company's resources?

Accounting

Marketing

Finance

Management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between Domestic and International Business according to the text?

Domestic business focuses on global markets while International business focuses on local markets

Domestic business has more cultural considerations than International business

Domestic business involves transactions within a single country while International business involves transactions between multiple countries

Domestic business has simpler logistics than International business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of international business involves buying products overseas and reselling them in one's own country?

Importing

Franchising

Licensing

Contract Manufacturing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Islamic perspective, what does workplace ethics emphasize?

Maximizing profits at any cost

Adherence to values and seeking blessings

Exploiting employees for personal gain

Ignoring societal responsibilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key principle of Islamic leadership that focuses on trustworthiness and responsibility?

Truthfulness

Clear Intention

Consciousness of self-improvement

Sincerity and keeping promises

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of international business involves the formal establishment of business operations on foreign soil?

Franchising

Contract Manufacturing

Foreign Direct Investment

Licensing

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