Business Basics Quiz

Business Basics Quiz

Assessment

Quiz

Business

9th Grade

Hard

Created by

Amie Perrett

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a common marketing strategy used to attract customers?

Price Skimming

Product Diversification

Market Penetration

Cost Leadership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of financial management in a business?

Maximizing employee satisfaction

Minimizing production costs

Maximizing shareholder wealth

Increasing market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of an entrepreneur?

Risk aversion

Dependence on others

Innovation

Preference for routine

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the ethical principle that businesses should contribute to the welfare of society?

Corporate Social Responsibility

Profit Maximization

Market Equilibrium

Competitive Advantage

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a financial statement?

Marketing Plan

Balance Sheet

Business Proposal

Employee Handbook

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 4P's model in marketing?

Product, Price, Place, Promotion

Plan, Process, People, Profit

Product, Process, People, Price

Plan, Price, Place, Promotion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a source of long-term finance for a business?

Trade Credit

Bank Overdraft

Equity Shares

Short-term Loans

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?