WorksheetsBusiness Quiz
Total questions: 12
Worksheet time: 6mins
what is business ?
It is a transaction
It is a profit
it is a organisation
it is a transaction of trade for profit making
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
a bank is an example of what type of business?
commercial
service
industrial
real estate
In a franchise relationship, the entity who is the person leasing the rights of his/her tools of business is referred to as the __________?
franchisor
franchisee
franchizor
lessee
What is a supplier?
A business which sells (or supplies) products to another business.
Any person or organisation which buys or is supplied with a product or by a business.
The person who ultimately uses (or consumes) a product.
The wants and desires of buyers of a product or the customers of a business.
What is a customer?
Those who provide data for a survey usually by answering questions in a questionnaire or interview.
A business which sells (or supplies) products to another business.
A group of similar products made by a business like a number of different soap products.
Any person or organisation which buys or is supplied with a product or by a business.
In a franchise agreement the payment, every year, to utilize all the tools of the franchisor, is called ___________?
royalty
franchise
business agreement
license fees
A business agreement where the person who is buying into the business gets a vast array of tools but pays a fee to use them every year
franchise
royalty
parent company
sister company
In a franchise relationship, the entity who is the person leasing the rights of his/her tools of business is referred to as the __________?
franchisor
franchisee
franchizor
lessee
A type of business that makes goods that other businesses use to make goods or services
(a)
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
a bank is an example of what type of business?
commercial
service
industrial
real estate
