Business Activities (EC-071)

Business Activities (EC-071)

9th Grade

20 Qs

quiz-placeholder

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Business Activities (EC-071)

Business Activities (EC-071)

Assessment

Quiz

Business

9th Grade

Medium

Created by

Andrew Thonstad

Used 11+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business can be described as a(n)

disorganized method of manufacturing products.

organized effort to produce goods and services.

reasonable way to make a profit.

unreasonable means for increasing revenues.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that exists to fulfill a specific mission or undertaking is called a __________ business.

mission-central
focused
for-profit
nonprofit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Every business must accomplish which of the following:

Produce or provide goods/services

Obtain venture capital

Issue corporate bonds

Trade or sell business assets/property

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following represents a primary business activity:

Scheduling

Designing

Marketing

Supervising

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial analysis occurs when a business

communicates with potential customers.

keeps accurate expense records.

plans for long-term success.

effectively retrieves data.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Within a local pizza shop, financial analysis is most likely used to

attract customers.

obtain funding for supplies.

oversee the baking process.

develop the best recipe.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following activities demonstrates human resources management:

The business gives its preferred customers a special discount.

The business takes care of the responsibilities associated with having employees.

The business includes top-level managers in long-term planning.

The business acts on new information about a competitor.

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