Intro to Bus: Practice Test 2

Intro to Bus: Practice Test 2

12th Grade

50 Qs

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Intro to Bus: Practice Test 2

Intro to Bus: Practice Test 2

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

R. Bryant

Used 1+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

What is the main goal of most businesses?

To pay taxes

To hire workers

To make a profit

To grow plants

2.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Which term means 'a person who starts and runs a business'?

Investor

Entrepreneur

Manager

Banker

3.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

What is a budget?

A. A list of employees

B. A plan for spending and saving money

C. A map of business locations

D. A record of phone numbers

4.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Which of the following is a fixed expense?

Monthly rent

Office supplies

Marketing costs

Gasoline for delivery

5.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

What does the marketing mix include?

Product, price, place, promotion

Profit, loss, taxes, savings

People, products, planning, pricing

Market, money, material, method

6.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

What is one role of human resources?

Buying ads

Hiring and training employees

Cleaning the building

Selling products

7.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A product that satisfies a customer’s need is said to have:

Revenue

Value

Supply

Tax

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