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WorksheetsFBLA Intro to Business
Total questions: 35
Worksheet time: 17mins
Name
Class
Date
1.
Which of the following would be a natural resource?
a)
TV announcers
b)
bankers
c)
fish
d)
farmers
2.
A ski trip, a couple of tickets to a movie and a new 36 inch television are all examples of
a)
resources
b)
scarcity
c)
needs
d)
wants
3.
Regarding the three economic roles of people, which is true about your worker role?
a)
It is the least important of the three economic roles.
b)
It supports your consumer role.
c)
It is unimportant and so is your productivity.
d)
Your citizen role is controlled by your worker role.
4.
Goods that are wanted by many consumers and are scarce have prices that tend to remain
a)
high
b)
low
c)
competitive
d)
none of the above
5.
A business that takes raw materials and turns them into a usable form is known as a
a)
marketer
b)
transformer
c)
manufacturer
d)
extractor
6.
Helping employees feel good about their jobs is an important part of a the human relations skill known as
a)
self understanding
b)
communication
c)
understanding others
d)
developing job satisfaction
7.
Something offered to the target market to satisfy their needs is called
a)
market
b)
a promotion
c)
distribution
d)
a product
8.
To be effective, product promotion must
a)
be noticed
b)
encourage consumers to pay attention to the message
c)
result in consumers taking action
d)
all of the above
9.
Which of the following is a social-responsibility issue?
a)
protection of the environment
b)
employment of physically challenged individuals
c)
providing a safe and healthy workplace
d)
all of the above
10.
Preserving our society's scarce resources is an act of business know as
a)
conservation
b)
non-polluting
c)
soil engineering
d)
all of the above
11.
When a business wants its workforce to reflect various groups in the community, it is concerned about
a)
resources
b)
diversity
c)
safety
d)
none of the above
12.
Which of the following is true about silver, nickel, tin and chromium?
a)
The U.S. has an abundance of these metals.
b)
They are not used in production of any manufactured products in the U.S.
c)
The U.S. must import tons of these metals to keep up with manufacturing needs.
d)
These are lethal metals for workers to handle.
13.
Antitrust laws prevent
a)
false advertising
b)
deceptive pricing
c)
misleading labeling of products
d)
all of the above
14.
Public utilities provide
a)
gas
b)
water
c)
electricity
d)
all of the above
15.
An employee who works every Thursday and Friday for three hours each day is considered a
a)
permanent employee
b)
temporary employee
c)
full time employee
d)
part time employee
16.
A type of incentive where employees receive their regular compensation plus a share of the profits earned by a company is called
a)
profit sharing
b)
commission
c)
straight salary
d)
base plus incentive salary
17.
An employee who usually works 42 hours a week, is considered a
a)
part-time employee
b)
a full-time employee
c)
a temporary employee
d)
none of the above
18.
Word processing software is commonly used to create
a)
memos
b)
financial statements
c)
a list of related customer data
d)
bar charts
19.
Which feature is usually included in spreadsheet software?
a)
desktop publishing
b)
the ability to check spelling and grammar
c)
database marketing
d)
built-in math calculations
20.
An organized system of reporting information in an organization is called
a)
computer applications
b)
management information systems
c)
desktop publishing software
d)
none of the above
21.
Which of the following has made it possible for employees to work from home?
a)
email
b)
modems
c)
fax machines
d)
all of the above
22.
Robots would most likely be used to work in jobs that
a)
operate motor vehicles.
b)
are dangerous.
c)
are in cold damp environments.
d)
are working with small children.
23.
Someone who works in a fast-food restaurant is working in
a)
the goods-producing industry
b)
the service-producing industry
c)
the extracting industry
d)
the manufacturing plant industry
24.
Which of the following is NOT true about small business owners?
a)
They have to take charge of things.
b)
They have short work weeks.
c)
They must take a risk when starting the business.
d)
They need to have good people skills.
25.
Consumers are paying for a service each time they go to
a)
a dentist
b)
a drive-thru car wash
c)
cell phone repair shop
d)
all of the above
26.
Sales used to clear merchandise that stores no longer wish to carry in stock are
a)
promotional sales
b)
clearance sales
c)
special purchase sales
d)
holiday sales
27.
Fraud occurs when
a)
false info is given to a customer in order to make a sale
b)
a salesperson exaggerates the quality of a product
c)
a product label indicates safety standards
d)
a product is not graded as being top quality
28.
When setting up a checking account at a bank you must sign a signature card. The purpose of that card is
a)
for you to carry as an I.D. for when you want to write a check.
b)
allow a bank customer to get cash at any business by signing a form.
c)
allow customers to make deposits quickly.
d)
allow the bank employees to recognize your signature.
29.
A postdated check is one that is
a)
written illegally
b)
written by someone not authorized on the account
c)
written with a date later than the calendar says
d)
void after a certain number of days
30.
The value of your possessions is called
a)
capacity
b)
character
c)
capital
d)
income
31.
Which of the following determines the cost of automobile insurance?
a)
age of the driver
b)
driver's accident record
c)
the purpose the car is used for, such as business or personal use
d)
all of the above
32.
When you buy life insurance you will likely be asked to
a)
name a beneficiary
b)
have a physical examination
c)
pay a premium
d)
all of the above
33.
Which would not be considered a long-range financial goal?
a)
to go eat at a nice restaurant
b)
provide funds for a child's education
c)
buy a house
d)
take a trip to an over-seas country
34.
Which of the following is not true about our US work force?
a)
Most jobs require at least a high school education.
b)
Most job require some special training.
c)
Few jobs require a high school education and special training.
d)
Some jobs are high paying and some are low paying.
35.
Which of the following is not true about our US work force?
a)
Most jobs require at least a high school education.
b)
Most job require some special training.
c)
Few jobs require a high school education and special training.
d)
Some jobs are high paying and some are low paying.
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