Business Concepts Quiz
Authored by Saadia Samar
Professional Development
11th Grade
Used 3+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a "good"?
Something you can touch and buy, like a toy
A service someone does for you, like a haircut
A place where people work
Money you save in a bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of money in business?
To make friends
To exchange for goods and services
To play games
To travel
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a "service"?
A product you can buy, like a book
Work that someone does for you, like fixing a car
A company’s logo
A type of food
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a "consumer"?
Someone who makes goods
Someone who buys goods or services
Someone who works in a factory
Someone who manages a business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to "save money"?
To spend all your money
To keep some money aside for future use
To give money away
To borrow money
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an "entrepreneur"?
A person who works for someone else
A person who starts and runs their own business
A person who teaches in a school
A person who is looking for a job
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of advertising?
To hire employees
To tell people about products and encourage them to buy the product
To create websites
To store products in a warehouse
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