Unit 3 Business Essentials
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Wayground Content
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A business that exists to fulfill a specific mission or undertaking is called
a __________ business.
mission central
focused
for-profit
non profit
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
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
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following activities demonstrates information management:
Storing and retrieving information
Researching customers’ needs
Hiring appropriate employees
Conducting employee evaluations
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An example of performing business activities through outsourcing is when a business
operates as the link between customers and products.
begins long-term planning and organization.
offers a new product in a popular product line.
hires an outside firm to perform its marketing.
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
For the long-term success of the business, Stacey’s Coffee House
has decided to add a self-serve laundromat. Which of the following
behaviors describes the business activity that Stacey’s Coffee House
was likely engaged in before making this decision:
Determining what will put it in reach of its goals
Establishing a system for retrieving information
Add a change machine and games to keep the kids busy
Organizing itself for meeting its objectives
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When Caring Companions and Smiling Pets merged two years
ago, what was the most likely effect on the primary business activities of
both companies?
None of the primary business activities combined into one activity.
Each primary business activity combined with the matching activity of
the other firm.
Each primary business activity became two smaller business activities.
All of the primary business activities combined into two distinct activities.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following demonstrates the interrelationship among
primary business activities:
A business changes its goals, so its strategies and tactics change, too.
A new product is introduced, so business advertisements must adjust.
A business manager becomes vice president, so his/her department
must adjust to the change.
One business activity changes, so the others must adjust.
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