

Quiz 3 - Review
Passage
•
Business
•
12th Grade
•
Practice Problem
•
Medium
ANDRES BARRAGAN
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of a business according to the passage?
To earn money by making a profit
To provide employment
To create innovative products
To expand globally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT considered an operational activity?
Production of products
Research into improving products
Buying stock
Hiring employees
3.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
In a freemium model, a company provides goods or services for free but later charges for extra _______.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business model involves employees selling a product directly to a consumer?
Direct Sales
Franchise
Freemium
Subscription
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Entrepreneurial discovery is when an entrepreneur searches for opportunities to deliver new _______.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a type of business model?
Freemium
Direct sales
Franchise
Demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The science of how individuals, businesses, and governments make decisions about satisfying unlimited wants with limited resources is called:
Business function
Entrepreneurship
Economics
Business model
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