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Purposes and Functions of Business

Total questions: 35

Worksheet time: 18mins

Name
Class
Date
1.

Entrepreneurs enter business because they desire to make money. The term that best describes this is:

a)

Greed

b)

Pricing motive

c)

Profit motive

d)

Service

2.

Which is not a want?

a)

Cleaning service

b)

Entertainment

c)

Housing/shelter

d)

Recreational activities

3.

Which is a need?

a)

Clothes

b)

Earrings

c)

Roller Blades

d)

Skateboard

4.

Which business provides a good?

a)

Nate's Creative Haircuts

b)

New Wave Beauty Salon

c)

Wanda's Beauty Supply

d)

Zany Manicures

5.

Which business provides a service?

a)

Microsoft Corporation

b)

Nike

c)

Oakley's Sunglasses

d)

Wave Beauty Salon

6.

Ben works as an accountant for the Rusty Bucket Boutique. What duty does he perform?

a)

Designing print advertisements

b)

Hiring employees

c)

Preparing balance sheets

d)

Testing computer software

7.

Alek works for Anna's Pizza as a marketer. What duty does he perform?

a)

Preparing a loading dock schedule

b)

Preparing where a product will be placed

c)

Preparing an income statement

d)

Preparing an organizational chart

8.

Michelle works in the human resources department of Line Upon Line. What duty does she perform?

a)

Calling customers to ensure satisfaction

b)

Obtaining new products to replace sold stock

c)

Processing new employees' payroll paperwork

d)

Producing the annual company balance sheet

9.

James works as an information tech for Dunkin Donuts. What duty does he perform?

a)

e-mailing customers to ensure satisfaction

b)

Processing paperwork for new employees

c)

Producing income statements

d)

Testing new computer software

10.

Audrey is the manager at Kute Kitty Kare Animal Hospital. Her function is to:

a)

Make sure the organization meets goals

b)

Work with employees to accomplish organizational goals

c)

Both a and b

d)

Only a

11.

As an employee of Sparks Wings, Liam promotes distributes, and prices products for the restaurant. What function does he perform?

a)

Accounting

b)

Human resources

c)

Management

d)

Marketing

12.

Austin works for H&R Block. His job description includes managing company benefits and educational opportunities for employees. He works in what department?

a)

Accounting

b)

Human resources

c)

Information technology

d)

Operations

13.

Max maintains the e-mail accounts, installs software apps, and maintains the hardware for Game Stop. What is his job description?

a)

Accounting

b)

Huma resources

c)

Information technology

d)

Operations

14.

Which is an example of an information technology function for a business?

a)

Determining product pricing

b)

Hiring new employees

c)

Monitoring computer networks

d)

Paying employees

15.

Which is an example of a marketing function for a business?

a)

Hiring new employees to fill vacancies in the business

b)

Placing products in strategic locations in the stores

c)

Producing financial statements for the company

d)

Producing payroll checks for all employees

16.

Which is an example of an accounting function for a business?

a)

Calling customers about new products

b)

Creating a new advertising campaign

c)

Maintaining computer equipment

d)

Preparing a cash flow statement

17.

Which is an example of a marketing function for a business?

a)

Interviewing potential employees

b)

Preparing a new TV advertising campaign

c)

Preparing income statements for the business

d)

Processing the employee payroll

18.

Which is an example of a human resources function for a business?

a)

Calling customers to ensure satisfaction

b)

Obtaining new products to replace sold stock

c)

Processing new employees' payroll paperwork

d)

Producing the annual company balance sheet

19.

Which is an example of an accounting function for a business?

a)

Preparing a loading dock schedule

b)

Preparing an advertisement for TV

c)

Preparing an income statement

d)

Preparing an organizational chart

20.

What is a difference between consumers and customers?

a)

Consumers make goods and services

b)

Consumers use goods and services while customers purchase goods and services

c)

Customers make goods and services

d)

Customers use goods and services while consumers purchase goods and services

21.

Maintaining e-mail accounts, installing software applications, and maintaining hardware are all classified as which type of function?

a)

Accounting

b)

Human resources

c)

Information technology

d)

Operations

22.

Which is an example of an accounting function for a business?

a)

Designing print advertisements

b)

Hiring employees

c)

Preparing a balance sheet

d)

Testing computer software

23.

Which is an example of an information technology function for a business?

a)

Determining pricing

b)

Hiring new employees

c)

Maintaining computers

d)

Paying employees

24.

What is the difference between wants and needs?

a)

Needs are goods and wants are services

b)

Needs are necessary for survival, wants are nice to have

c)

Needs are nice to have wants are necessary for survival

d)

Needs are services and wants are goods

25.

What do wants and needs have in common?

a)

Both needs and wants are goods

b)

Both needs and wants are services

c)

Both needs and wants are things people must have

d)

Both needs and wants are things people use

26.

Hiring, firing, and managing the company benefits and educational opportunities for employees are all classified as which type of function?

a)

Accounting

b)

Human resources

c)

Informational technology

d)

Operations

27.

Ensuring that the organization meets goals and working with employees to accomplish organizational goals re both classified s which type of function?

a)

Accounting

b)

Human resources

c)

Management

d)

Marketing

28.

Which is an example of an information technology function for a business?

a)

e-mailing customers to ensure satisfaction

b)

Processing paperwork for new employees

c)

Producing income statements

d)

Testing new computer software

29.

Collecting money from customers, paying taxes, and processing payroll checks are all classified as which type of function?

a)

Accounting

b)

Human resources

c)

Information technology

d)

Operations

30.

Which is an example of a marketing function for a business?

a)

Creating a banner ad for the company website

b)

Interviewing potential sales employees

c)

Obtaining new products to replace sold stock

d)

Preparing income statements for the business

31.

Which is an example of an accounting function for a business?

a)

Handling the payments made by customers

b)

Obtaining new products to replace sold stock

c)

Re-stocking items in the warehouse

d)

Scheduling delivery of purchased stock

32.

Which is an example of a marketing function for a business?

a)

Preparing a loading dock schedule

b)

Preparing an advertisement for TV

c)

Preparing an income statement

d)

Preparing an organizational chart

33.

Promoting, distributing, and pricing products are all classified as which type of function?

a)

Accounting

b)

Human resources

c)

Management

d)

Marketing

34.

Which is an example of an operations function for a business?

a)

Calling customers to ensure satisfaction

b)

Obtaining new products to replace sold stock

c)

Processing new employees' payroll paperwork

d)

Producing the annual company balance sheet

35.

Which is an example of an operations function for a business?

a)

Preparing a loading dock schedule

b)

Preparing an advertisement for TV

c)

Preparing an income statement

d)

Preparing an organizational chart