Business Quiz

Business Quiz

10th Grade

57 Qs

quiz-placeholder

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Business Quiz

Business Quiz

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Maryellen Engelke

Used 2+ times

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57 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of business?

A route or plan of action designed to achieve certain organizational goals and objectives.

A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.

Improving existing products and developing new products in order to meet customer demands.

Collecting, organizing, storing, and securing relevant data and information.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business means a for-profit or non-profit organization involved in commercial, industrial, or professional commerce. What is the meaning of commercial?

The pursuit of a profit margin.

Services provided for a fee.

The improvement of services.

Items that are manufactured.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

Finance/Accounting

Strategy

Human Resources

Marketing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company’s purpose, reason for being, and problem it is solving is its:

strategy

target market

profit margin

mission

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records?

Accounting

Finance

Marketing

Strategy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business function has its own eight functions including the 4Ps?

Strategy

Human Resources

Marketing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Look at the image. Then, answer the question. The image represents:

entry level employees

manager of sales

chain of command

front line employees

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