Chapter 1 Review

Chapter 1 Review

9th Grade

30 Qs

quiz-placeholder

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Chapter 1 Review

Chapter 1 Review

Assessment

Quiz

Business

9th Grade

Practice Problem

Medium

Created by

Madison Koonce

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business plan might also be called a...

Innovation and/or details

Balance Sheet

Human Resource Policy

Roadmap and/or Pitch Deck

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This stage of the entrepreneurial process is where you determine if your idea fills a void or gap in the marketplace, whether it meets a want or need:

Discovery

Resourcing

Harvesting

Business Plan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small business is generally defined as a company with fewer than:

25 employees

200 employees

5 employees

500 employees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model is how a company sells its products to customers and it’s plan for making a __________.

expense

invention

profit

sales forecast

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A manufacturer makes finished products from raw materials and is a type of:

business ownership

business model

business plan

franchise

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

E-Commerce is an electronic medium to facilitate the buying and selling of products and services by businesses and consumers, and can support this approach to business:

Business to Business

Business to Consumer

Consumer to Consumer

All of the Above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

McDonalds and Subway are examples of a ____________ business model.

E-Commerce

Multilevel Marketing

Franchise

Direct Sales

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