Business Basics Review

Business Basics Review

University

33 Qs

quiz-placeholder

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Business Basics Review

Business Basics Review

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Colleen Flynn

Used 2+ times

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33 questions

Show all answers

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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