Business Fundamentals: 11 Business Ultimate Revision
Authored by Sarah Anzellotti
Business
11th Grade
Used 7+ times
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36 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Owners/management, workplace culture, business structure, and employees make up with environment?
(a)
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between revenue and profit?
Evaluate responses using AI:
OFF
Answer explanation
Revenue is the total amount of money brought in through sales.
Profit is revenue, minus the expenses incurred in operating the business.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Data for an aging population would be considered an internal or external factor to a business?
Internal
External
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between a strategy and a tactic?
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the 5 stages of the Business Life Cycle?
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OFF
Answer explanation
Seed Stage
Start-up Stage
Growth Stage
Maturity Stage
Post-Maturity Stage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following IS NOT part of the operating external environment?
Competitors
Suppliers
Economics
Customers
7.
OPEN ENDED QUESTION
3 mins • 1 pt
a) In a SWOT analysis, Opportunities and Threats are made up of which environments?
Evaluate responses using AI:
OFF
Answer explanation
Macro environment, and operating external
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