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Business Test Review

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

Famous African-American entrepreneur and founder of Famous Amos Cookie Brand.

a)

Sam Walton

b)

Henry Ford

c)

Milton Hershey

d)

Wallace Amos

2.

An entrepreneur and founder of Walmart and Sam's Club.

a)

Henry Ford

b)

Milton Hershey

c)

Sam Walton

d)

Mary Kay Ash

3.

Founder of the cosmetics company known as, Mary Kay Inc.

a)

Mary Kay Ash

b)

Ruby Bridges

c)

Anne Sullivan

d)

Rosa Parks

4.

An entrepreneur and chocolate maker that founded the Hershey Chocolate Corporation.

a)

Milton Hershey

b)

Wallace Amos

c)

Henry Ford

d)

Sam Walton

5.

Which shows examples of services you can purchase?

a)

Car Wash & Food

b)

Books & Clothes

c)

Haircut & Car Wash

d)

Clothes & Haircut

6.

A graphic representation or symbol of a company name often uniquely designed for easy recognition.

a)

Slogan

b)

Service

c)

Logo

d)

Need

7.

Things people do not really need to survive but would like to have.

a)

Service

b)

Logo

c)

Good

d)

Wants

8.

What does it mean to advertise your business?

a)

Give information to the public about your goods or services using newspaper, radio, television, or signs.

b)

Purchase and sale goods and services.

c)

Make a phrase or motto for your business.

d)

Spend money on things such as electricity, water, and payroll.

9.

Things a business spends money on such as electricity, water, payroll, and maintenance.

a)

Slogan

b)

Expenses

c)

Consumers

d)

Producers

10.

Things people do for us or we do for others.

a)

Goods

b)

Needs

c)

Wants

d)

Services

11.

Shoes and Clothes are examples of:

a)

Goods

b)

Services

c)

Producers

d)

Consumers

12.

A person or company that makes or creates a product.

a)

Consumers

b)

Demanders

c)

Producers

d)

Services

13.

Which list examples of wants?

a)

Water & Food

b)

Gum & Shelter

c)

Candy & Ice Cream

d)

Air & Video Game

14.

A distinctive phrase or motto of any party, group, manufacturer, or person; catchword or catch phrase.

a)

Services

b)

Logo

c)

Business

d)

Slogan

15.

The purchase and sale of goods and services in an attempt to make a profit.

a)

Business

b)

Advertise

c)

Consumer

d)

Producer

16.

Air, Food, Water, and Shelter are examples of:

a)

Services

b)

Logos

c)

Wants

d)

Needs

17.

A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

a)

Consumer

b)

Entrepreneur

c)

Business

d)

Producer

18.

Things we buy or get for free.

a)

Services

b)

Advertise

c)

Logos

d)

Goods

19.

A person who buys goods and services.

a)

Producer

b)

Demander

c)

Consumer

d)

Business

20.

Things we must have in order to stay alive.

a)

Needs

b)

Wants

c)

Goods

d)

Services