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WorksheetsBus-Quiz-Q1 9/19/24
Total questions: 41
Worksheet time: 41mins
Which is an example of a good?
Haircut
Mowing Grass
Shoes
Data Entry
Which is an example of a need?
Food
Cars
Washing Machine
Bed
Which is an example of a want?
Water
Shelter
Food
Bed
Clothes
Which is an example of a service business
Moving Company
Lawn Equipment sales
Walmart
Grocery Store
Can a business offer goods and services? If yes, please give an example of the business along with a good AND service they offer.
Which is NOT one of the 6 functions of business?
Human Resources
Operations
Transportation
Marketing
Which of the following IS one of the 6 functions of business?
Termination
Office Supply
Management
Printing
Mr. Arrington is a main part of what business function at our school?
Marketing
Operations
Accounting
Management
Ms. Denny can help fix a technology problem you may have with your computers. Which function of business is she a part of at our school?
Management
Information Technology (IT)
Accounting
Marketing
Ms. Miller helps keep track of money and school financial records at our school. Which function of business does she perform for WGMS?
Information Technology (IT)
Marketing
Human Resources
(HR)
Accounting
Which is NOT one of the 4 P's of Marketing
Place
Price
Purchase
Promotion
Which is NOT one of the 4 P's of Marketing
Product
Price
Packaging
Place
Can a sole-proprietorship or partnership allow people to franchise their business?
No
Yes
Only if the business is large enough.
Only if they are a service business
What is the "profit" that businesses a non-profit business?
Money
Lots of Fame
Community Help
Tax Breaks
Which is NOT a type of business?
Partnership
Sole Proprietorship
Union Group
Franchise
Which type of business allows you to walk away from financial liability if there is problem?
Partnership
Corporation
Sole Proprietorship
Non-Profit
Mr. Braswell has asked you to start a business and market your business over many assignments in this encore class. What type of business have you created in class this year?
Corporation
Sole Proprietorship
Partnership
Franchise
How long is the typical radio ad?
60 seconds
100 seconds
30 seconds
3 minutes
Billboards, pop ups, radio ads are examples of which P in the 4 P's of marketing?
Promotion
Price
Product
place
A good invention that the market wants to buy is an example of which P in the 4 P's of marketing?
Price
Product
Place
Promotion
At the beginning of a radio ad it is important to start with a great ______________.
Color
Hook
Name
Promotion
Expensive products that are made by Gucci and other high end fashion brands are an example of which pricing strategy?
Market
Premium
Loss Leader
Psychological
Walmart prices their goods in line with what a consumer generally expects things to cost. What is this pricing strategy called?
Premium
Market
Loss Leader
Psychological
Best Buy is offering an extra low price on an Playstation 5 console that is even less than what it cost the store. They hope this will make more people come to shop for other items. What type of pricing strategy is this?
Premium
Market
Loss Leader
Psychological
A store puts up large signs showing off big price cuts and percentage off savings. The price tags say $9.99 and buy one get one free. What type of pricing strategy is this store using?
Premium
Market
Psychological
Loss Leader
What does NYSE stand for?
New York Share Exchange
New York Sales Exchange
New York Stock Exchange
New Years Stocks Exchange
What are the units of ownership called that a company sells of itself to raise money for growth on the NYSE?
Units
Inventory
Shares
Products
If you purchase stock on the NYSE and become a part owner for a company then you are called a_____________.
Share Holder
Part Owner
Sole Proprietor
Board Member
How do companies pay their shareholders back for purchasing those shares of the company?
The Companies let them vote
The Companies offer them jobs
The Companies pay them dividends
The Companies give them more Shares of the stock.
When making a decision on which stock to purchase, it is important to look at the history of the company and see which way their stock price has ______________.
Trended
Changed
Gained
Lowered
If you purchased a share of Apple for 100 dollars on Monday and then sold it on the following Friday for 150 dollars, how much profit did you make?
150$
100$
50$
You lost 50 dollars
If you invented a new graphics card for computer gaming you would need to protect your design with a____________.
Patent
Trademark
Copyright
Lock box
Mr. Braswell just uploaded a song to soundcloud that includes some absolute fire new beats. What does he need to do to make sure people do not copy his hot new track and sell it.
Patent his work
Copyright his work
Trademark his work
Tradestamp his work
The Nike Swoosh is under what type of protection?
Patent
Trademark
Copyright
Public Domain
When something enters the public domain it means that the work of art or design is__________
Available for anybody to use and sell as they choose.
Not available for use until the copyright expires
available to use on personal work but not to sell to others.
Available to sell from a website only.
A Nike shoe that has a special spring design needs to be protected with a ____________
Copyright
Patent
Trademark
Non of these
If Mr. Braswell writes a book about his experiences teaching at WGMS, what type of IP protection should he apply for to protect his writing?
Copyright
Patent
Trademark
Trade secret
What does IP stand for in relation to copyright, trademark, and patent law?
Inverse Property
Intellectual Property
Intellectual People
Intangible Property
What type of cybercrime involves people pretending to be familiar in order to steal your information?
Phishing
Identity Theft
Malware
Virus
Which of the following is an example of Malware?
An email file that when opened starts tracking your activity.
An email that asks you to purchase gift cards and send them somewhere
A text from your bank saying that your accounts are locked until your update your information
Your credit card being used without your permission.
What is one way you can prevent most cybercrime from effecting you?
Have a parent or friend take a look and give their advice.
Confirm with the source if an email or text is correct.
Ask some questions to the initial email or text to verify.
Close your computer or device and throw it out the window.
