Quiz 02

Quiz 02

12th Grade

10 Qs

quiz-placeholder

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Quiz 02

Quiz 02

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

sunera lanerolle

Used 3+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The foundation of a business is

Profit

Money

Customers

Input and Output

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

"An organization that seeks to earn profits by providing goods and services" What is the most suitable term for the above statment?

Private company

Partnership

Business

Public company

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following belongs to the demographic environment?

Beliefs



Religion

Customs

Age mix

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following group can be included under uncontrollable factors?

Market, Competitors

Capital, Employees

Product, Raw materials

Employees, Market

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Goods that are purchased to purchase another in known as

  Durable Goods

1.      Industrial Goods

Non-Durable Goods

   Consumer Goods

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

As per the classification of Gross Domestic Product of Sri Lanka, an economic activity which belongs to the industrial sector is

Insurance

   Forestry

Sale of vegetables seeds

Recycling

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The production which includes forestry, fisheries, agriculture, mining & quarrying is known as

  Primary Production

Agriculture Production

Industrial Production

Tertiary Production

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