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Y9 Business Introductory Quiz

Total questions: 20

Worksheet time: 40mins

Name
Class
Date
1.

What type of learner are you?

a)

Visual

b)

Auditory (Listening)

c)

Kinesthetic (Movement)

d)

1:1

2.

Do you consider yourself to be organized?

a)

Yes

b)

No

3.

Which of the following do you think it is most important to have in order to succeed?

a)

Being organized

b)

Being hard working

c)

Being able to work with others

d)

Being smart

4.

I work best...

a)

On my own

b)

With a partner

c)

In groups

d)

No preference

5.

Tell me at least one thing that helps you to learn better.

4 lines
6.

Tell me one thing that stops you from learning to your potential.

4 lines
7.

How can my teacher make assessments better for me?

4 lines
8.

Tell me one thing you would like to learn in this class.

4 lines
9.

Tell me one thing you are worried about for this class.

4 lines
10.
A target market is a group of _______ that the _______ has decided to aim its marketing efforts and ultimately its merchandise towards.
a)
Companies, Business
b)
Companies, Research
c)
Customer, Business
d)
Business, Customer
11.

What is a business plan?

a)

Written document that only outlines the business practices of the new business.

b)

Written document that describes the financial aspects of the business.

c)

Written document that only describes the ownership of the business.

d)

Written document that describes all the steps necessary for opening and operating a successful business.

12.
Which of these jobs is involved in production?
a)
Secretary
b)
Factory worker
c)
Truck driver
d)
Zoo keeper
13.
Quantity means
a)
best item
b)
the amount
14.
The thing that you give up (the next best alternative) when you make a decision is known as
a)
Opportunity Cost
b)
Scarcity
c)
Incentive
d)
Choice
15.
How much people want something
a)
supply
b)
demand
16.
The first step in making a decision is to: 
a)
A. Brainstorm possible solution
b)
B. Describe the problem or situation
c)
C. Consider the consequences
d)
D. Evaluate the decision
17.

An economic system in which individuals and businesses make decisions about what to produce.

a)

Market economy

b)

Mixed economy

c)

Communism

d)

Command economy

18.
The amount of a good or service provided is called:
a)
supply
b)
demand
c)
equilibrium
d)
inflation
19.

The total value of goods and services produced within the a country during one year.

a)

Gross Domestic Product (GDP)

b)

Gross National Income (GNI)

c)

Gross Food Cafeteria (GFC)

d)

Human Consumption Chart (HCC)

20.

Name for the risk-taking businessmen who start businesses and are one of the factors of production.

a)

Land

b)

Labor

c)

Capital

d)

Entrepreneurship