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DR - End of Lesson 1 Business

Authored by H Watt

Information Technology (IT)

11th Grade

DR - End of Lesson 1 Business
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most important thing a business needs to do to be successful?

Hire the most employees

Spend a lot of money on advertising

Meet the needs of its customers

Have the biggest office

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a profit?

The money a business spends

The money a business earns

The cost of running a business

The number of customers a business has

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a cost?

The money a business earns

The money a business spends

The number of customers a business has

The price of a product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for a business to keep track of its costs?

To make sure it has enough money to pay its bills

To decide how much to pay its employees

To know how many customers it has

To choose a name for the business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

A list of all the things a business sells

A plan for how a business will spend its money

A record of all the money a business earns

A list of all the customers a business has

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is marketing?

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for a business to advertise?

To tell people about its products or services

To make its products look more expensive

To hire more employees

To find a new location for its business

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