Business Basics Review
Authored by Colleen Flynn
Business
University
Used 2+ times
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33 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is one of the main objectives of a business?
Reduce employment
Determine the main objective of the business
Provide goods and services
Increase taxes
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why are businesses important to the economy?
They increase pollution
They provide goods and services
They reduce competition
They limit innovation
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What do you think business is?
A place where people gather for social activities
An organization or business entity engaged in commercial, industrial, or professional activities
A type of government agency
A form of entertainment
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why do you think the company on the right is considered a successful business?
They have a unique logo
They are popular on social media
They have strong brand recognition and customer loyalty
They are a new company
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the main goal of a business?
To provide entertainment
To earn profit
To create art
To educate the public
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What do businesses provide to customers?
Emotions
Goods or services
Free gifts
Personal advice
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why do enterprises exist?
To create chaos
To solve problems and meet customer needs
To increase tax revenue
To limit choices
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