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Business Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is an entrepreneur?

a)

A person who invests your money

b)

A person who starts a business

c)

A business teacher

d)

A person who is job shadowing

2.

What is business?

a)

Talking to people about a certain company

b)

Making a product

c)

Exchanging goods or services in order to make money

3.

Which of the following is not a part of the 4 P's of marketing mix?

a)

Product

b)

Principle

c)

Promotion

d)

Price

e)

Place

4.

Items produced by a company that can be seen or touched are known as?

a)

Services

b)

Things

c)

Goods

d)

Elements

5.

Part owners of a company are known as?

a)

Stakeholders

b)

Employees

c)

Shareholders

d)

Bosses

6.

Money that comes into a business and moves out is known as?

a)

Cash Flow

b)

Profit

c)

Loss

d)

Production

7.

Which method of promotion would a small business be most likely NOT to use?

a)

TV Ad

b)

Radio Commercial

c)

Social Media Posts

d)

Newspaper Ad

8.

What is the advantage of shopping online as opposed to in store?

a)

Able to touch the products

b)

Open 24/7

c)

No delivery fee

d)

Waiting for the product

9.

At what stage of the product life style are DVD's at?

a)

Growth

b)

Decline

c)

Introduction

10.

When a group of people get together to discuss a product for company research this is called?

a)

Questionnaire

b)

Discussion Time

c)

Focus Group

d)

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