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POBF Strictly Business 5.03B

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Business

9th - 12th Grade

POBF Strictly Business 5.03B
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15 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Financial analysis occurs when a business

communicates with potential customers

keeps accurate expense records

plans for long-term success

effectively retrieves data

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

TeJuan’s Fishing Shack demonstrates effective information management by

accessing a list of fishing equipment appropriate for a particular customer

removing wasted materials from the process of providing goods to customers

promoting new fishing equipment in a popular trade magazine

hiring fishing experts to explain how to use the goods offered.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Every business must accomplish which of the following:

Produce or provide goods/services

Obtain venture capital

Issue corporate bonds

Trade or sell business assets/property

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A business can be described as a(n)

disorganized method of manufacturing products

organized effort to produce goods and services

reasonable way to make a profit

unreasonable means for increasing revenues

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Human-resources management is demonstrated in which of the following statements:

The business gives its preferred customers a special discount

The business takes care of the responsibilities associated with having employees

The business includes top-level managers in long-term planning

The business acts on new information about a competitor

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Making sure that a business has enough of a product in stock without having too much on hand is the goal of

inventory management

production

quality control

human-resources management

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Franco’s Bread Shop is introducing a new type of sandwich bread to the community this week. Which of the following describes the business activity the bread shop is likely involved in:

Collecting information on last year’s new breads

Creating a system for storing new bread recipes

Planning for the long-term results of introducing new breads

Promoting the new bread through advertising

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