Easy Questions (Quizbee 2025)

1. MARKETING

2. 1. Which type of goods are purchased frequently, require minimal effort, and are typically inexpensive?

• Shopping goods

• Convenience goods

• Specialty goods

• Unsought goods

MARKETING

2. 2. If a company identifies "limited market presence" as an internal factor, which category does it belong to in a SWOT analysis?

• Strengths

• Opportunities

• Weaknesses 

• Threats

1. BASIC ACCOUNTING

2. 3. What is the accounting equation?

• Assets = Liabilities + Owner’s Equity

• Assets + Liabilities = Owner’s Equity

• Assets = Liabilities - Owner’s Equity

• Revenue = Expenses + Profits

1. BASIC ACCOUNTING

2. 4. What are the three main financial statements?

• Income Statement, Balance Sheet, Cash Flow Statement

• Balance Sheet, Cash Flow Statement, Income Tax Statement

• Income Statement, Trial Balance, Equity Statement

• Income Statement, General Ledger, Balance Sheet

1. BASIC ACCOUNTING

2. 5. What is the purpose of a balance sheet?

• To show the company's profits and losses over a period

• To summarize the company's cash flow during a period

• To provide a snapshot of the company’s financial position at a specific point in time

• To record all journal entries

1. BUSINESS FINANCE

2. 6. Which of the following form of business organization is least regulated?

• Sole Proprietorship

• Partnership

• Limited Partnership

• Corporation

1. BUSINESS FINANCE

2. 7. What is the most appropriate goal of the firm?

• Shareholder’s wealth maximization

• Stakeholder Maximization

• Profit Maximization

• Earnings-per share Maximization

1. BUSINESS ETHICS

2. 8. Which of the following is considered a primary component of business ethics?

• Prioritizing personal profits over the welfare of employees

• Focusing solely on financial success

• Promoting aggressive competition without concern for the welfare of others

• Ensuring compliance with laws and regulations

9. ECONOMICS

10. 9. Which of the following points is impossible to achieve?

• A

• C

• E

• G

1. BUSINESS ETHICS

2. 10. A company that builds classrooms in the public schools, supports community projects, and funds healthcare programs is practicing which type of CSR?

• Ethical CSR

• Economic CSR

• Environmental CSR

• Philanthropic CSR