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Business Management Quiz 1

Authored by Fabio Barbuzza

Business

10th Grade

Used 4+ times

Business Management Quiz 1
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term refers to the process of organizing and coordinating business activities to achieve goals?

Entrepreneurship

Management

Capitalism

Project management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who starts a new business, taking on financial risks in hopes of profit, is called a(n):

Stakeholder

Owner

Entrepreneur

Manager

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are considered factors of production in economics?

Supply, demand, profit

Owners, customers, clients

Land, labor, capital

Management, leadership, analytics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic system is based on private ownership and free market principles?

Communism

Socialism

Capitalism

Government sector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term refers to buying and selling goods and services through the internet?

Enterprise systems

E-commerce

Public sector

Analytics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of project management?

To analyze customer data

To develop government policies

To complete projects efficiently and effectively

To promote socialism

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following terms are all examples of different sectors in the economy?

Supply, demand, analytics

Land, labor, capital

Government sector, private sector, education sector

Entrepreneurs, managers, clients

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