
Business and Marketing Quiz
Quiz
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Other
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11th Grade
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Practice Problem
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Meei Aj
Used 1+ times
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40 questions
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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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