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WorksheetsBusiness Activities
Total questions: 20
Worksheet time: 10mins
Name
Class
Date
1.
A business can be described as a(n)
a)
disorganized method of manufacturing products.
b)
organized effort to produce goods and services.
c)
reasonable way to make a profit.
d)
unreasonable means for increasing revenues.
2.
A business that exists to fulfill a specific mission or undertaking is called a __________ business.
a)
mission-central
b)
focused
c)
for-profit
d)
non-profit
3.
Every business must accomplish which of the following:
a)
Produce or provide goods/services
b)
Obtain venture capital
c)
Issue corporate bonds
d)
Trade or sell business assets/property
4.
Which of the following represents a primary business activity:
a)
Scheduling
b)
Designing
c)
Marketing
d)
Supervising
5.
Financial analysis occurs when a business
a)
communicates with potential customers.
b)
keeps accurate expense records.
c)
plans for long-term success.
d)
effectively retrieves data.
6.
Within a local pizza shop, financial analysis is most likely used to
a)
attract customers.
b)
oversee the baking process.
c)
obtain funding for supplies.
d)
develop the best recipe.
7.
Which of the following activities demonstrates human resources management:
a)
The business gives its preferred customers a special discount.
b)
The business takes care of the responsibilities associated with having employees.
c)
The business includes top-level managers in long-term planning.
d)
The business acts on new information about a competitor.
8.
Janelle’s Creative Supplies is opening an additional location on the other side of town. To successfully operate the new location, Janelle primarily needs
a)
new carpet and paint.
b)
extra free time.
c)
more advertising spots.
d)
additional employees.
9.
Which of the following activities demonstrates information management:
a)
Storing and retrieving information
b)
Researching customers’ needs
c)
Hiring appropriate employees
d)
Conducting employee evaluations
10.
TeJuan’s Fishing Shack demonstrates effective information management by
a)
accessing a list of fishing equipment appropriate for a particular customer.
b)
removing wasted materials from the process of providing goods to customers.
c)
promoting new fishing equipment in a popular trade magazine.
d)
hiring fishing experts to explain how to use the goods offered
11.
Which of the following activities demonstrates the primary business activity of marketing:
a)
The business prepares for long-term success by planning and organizing.
b)
The business meets customers’ needs by offering appropriate products.
c)
The business expects to merge with another business in the industry.
d)
The business hires qualified employees to perform complex job duties
12.
Franco’s Bread Shop is introducing a new type of sandwich bread to the community this week. Which of the following describes the business activity that the bread shop will likely partake in before the release:
a)
Collecting information on last year’s new breads
b)
Creating a system for storing new bread recipes
c)
Planning for the long-term results of introducing new breads
d)
Promoting the new bread through advertising
13.
Which of the following behaviors best describes the primary business activity of operations:
a)
Keeping accurate financial records
b)
lanning for future success
c)
Producing goods and services
d)
Hiring qualified employees
14.
Making sure that a business has enough of a product in stock without having too much on hand is the goal of
a)
inventory management.
b)
production.
c)
quality control.
d)
human resources management
15.
Which of the following behaviors demonstrates the primary business activity of strategic management:
a)
Recruiting appropriate employees
b)
Obtaining funds for business projects
c)
Planning and organizing for the future
d)
Regularly updating business processes
16.
For the long-term success of the business, Stacey’s Coffee House has decided to add a self-serve laundromat. Which of the following behaviors describes the business activity that Stacey’s Coffee House was likely engaged in before making this decision:
a)
Determining what will put it in reach of its goals
b)
Establishing a system for retrieving information
c)
Promoting its new service to potential customers
d)
Organizing itself for meeting its objectives
17.
Which of the following demonstrates the interrelationship among primary business activities:
a)
A business changes its goals, so its strategies and tactics change, too.
b)
A new product is introduced, so business advertisements must adjust.
c)
A business manager becomes vice president, so his/her department must adjust to the change.
d)
One business activity changes, so the others must adjust.
18.
When the Pretty Pictures framing business underwent internal restructuring last year, how would its primary business activities have reacted?
a)
They stayed the same.
b)
They changed radically.
c)
They adjusted according to the internal changes.
d)
They adjusted according to the external changes
19.
When Caring Companions and Smiling Pets merged two years ago, what was the most likely effect on the primary business activities of both companies?
a)
All of the primary business activities combined into one activity.
b)
Each primary business activity combined with the matching activity of the other firm.
c)
Each primary business activity became two smaller business activities.
d)
All of the primary business activities combined into two distinct activities.
20.
An example of performing business activities in an “out of the ordinary” way is when a business
a)
operates as the link between customers and products.
b)
begins long-term planning and organization.
c)
offers a new product in a popular product line.
d)
hires an outside firm to perform its marketing.
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