
Business Knowledge Quiz
Authored by H. Dong
Business
11th Grade
Used 1+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary role of a business?
To produce goods and services
To create employment opportunities
To innovate and take risks
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of business classification based on size?
Small
Medium
Global
Large
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which legal structure involves a business owned by two or more people with shared decision-making and unlimited liability?
Sole Trader
Partnership
Private Company
Public Company
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which industry involves businesses that provide services such as education, health care, and entertainment?
Primary
Secondary
Tertiary
Quinary
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of a public company?
To remain local
To provide essential services
To generate profit for shareholders
To stay privately owned
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which external influence involves government policies and political stability?
Economic
Social
Political
Technological
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which internal influence is related to the quality and range of products offered by a business?
Location
Resources
Products
Management
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