Business and Marketing Quiz

Business and Marketing Quiz

11th Grade

40 Qs

quiz-placeholder

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Business and Marketing Quiz

Business and Marketing Quiz

Assessment

Quiz

Other

11th Grade

Medium

Created by

Meei Aj

Used 1+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who identifies a business gap, accepts the risk involved, and organizes resources to earn profit is called:

Entrepreneurship

Salesmanship

Resource manager

Consumerism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In local transportation of goods, which of the following documents is commonly used to record the shipment details?

Manifest

Receipt

Export invoice

Consular invoice

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a major factor that determines the price of a product?

Level of market demand

Competitors' price

Standard of living

Economic trend

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What marketing activity involves gathering, analyzing, and reporting data for making business decisions?

Planning

Strategy

Audit

Research

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A product that has gone through manufacturing or processing is referred to as:

Intangible product

Primary product

Extractive product

Secondary product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is considered an internal method of raising business capital?

Debenture

Government grants

Overdraft

Plough-back profit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does not encourage people to go into self-employment?

Availability of capital

Creation of wealth and knowledge explosion

Reliance on welfare

Absence of job opportunity

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