Business Quiz
Authored by Marjorie Mauk
Business
7th Grade
Used 3+ times
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26 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the primary purpose of a business?
To lose money
To provide jobs
To make a profit
To entertain people
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a main type of business organization?
Sole Proprietorship
Corporation
Partnership
Franchise
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the term for statistical data about a population?
Marketing
Demographics
Market Research
Economics
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is a logo important for a business?
It makes products more expensive
It helps people recognize the brand
It replaces the business name
It creates new products
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What do businesses consider when setting prices?
Competitor pricing
Personal preferences
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the 4 Ps of marketing?
Product, Price, Place, Promotion
Planning, Price, Product, Promotion
People, Price, Packaging, Place
Place, Product, Process, Promotion
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What type of marketing program is "Buy One, Get One Free"?
Loyalty Program
Sponsorship
Referral Program
BOGO
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