Quiz on Causes of Business Failure

Quiz on Causes of Business Failure

9th Grade

10 Qs

quiz-placeholder

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Quiz on Causes of Business Failure

Quiz on Causes of Business Failure

Assessment

Quiz

Computers

9th Grade

Practice Problem

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nooraafzali grandeur

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one primary reason why businesses fail?

High employee turnover

Poor planning and lack of objectives

Excessive marketing

Strong competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor can lead to liquidity problems in a business?

Strong brand loyalty

Effective marketing strategies

Poor management of cash flow

High customer satisfaction

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common issue for new business owners?

Overly detailed business plans

Strong competition

Lack of management skills and experience

Excessive funding

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is investing in new technologies important for businesses?

To increase employee satisfaction

To reduce operational costs

To expand the workforce

To compete in price, design, and quality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can be a consequence of poor marketing?

Reduced business earnings

Higher customer engagement

Improved brand recognition

Increased sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does globalization affect businesses?

Increases access to wider markets

Limits business opportunities

Decreases product quality

Reduces competition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a critical aspect of a business location?

It should be in a rural area

It should have high rent

It should be close to the market

It should be far from competitors

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