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Ch 5.2 Business Quiz Worksheet

Authored by Tracy Lowe

Business

7th Grade

Ch 5.2 Business Quiz Worksheet
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is diversity important in a global business setting?

It reduces costs

It increases the pool of potential candidates

It simplifies communication

It limits cultural differences

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key skill in business communication, especially when dealing with diverse backgrounds?

Writing reports

Listening

Negotiating prices

Designing logos

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an important form of nonverbal communication in international business?

Written contracts

Body language

Email communication

Phone calls

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a multinational corporation?

A company that operates only domestically

A company that operates in more than one country

A company that only exports goods

A company that only imports goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is licensing in the context of international business?

Selling products directly to consumers

Selling the right to manufacture products or use a trademark

Importing goods from another country

Exporting goods to another country

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a joint venture?

A single company operating in multiple countries

A partnership of two or more companies for a specific business purpose

A company that only sells franchises

A company that only licenses products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential problem with licensing agreements?

High import taxes

Improper use of the trademark or product

Difficulty in finding a market

Lack of communication

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