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Business Essentials Final Exam

Total questions: 86

Worksheet time: 43mins

Name
Class
Date
1.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

2.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

3.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

4.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

5.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

6.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

7.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

8.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

9.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

10.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

11.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

12.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

13.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

14.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

15.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

16.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

17.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

18.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

19.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

20.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

21.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

22.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

23.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

24.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

25.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

26.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

27.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

28.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

29.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

30.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

31.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

32.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

33.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

34.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

35.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

36.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

37.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

38.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

39.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

40.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

41.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

42.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

43.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

44.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

45.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

46.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

47.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

48.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

49.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

50.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

51.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

52.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

53.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

54.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

55.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

56.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

57.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

58.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

59.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

60.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

61.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

62.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

63.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

64.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

65.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

66.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

67.

What is the main purpose of entrepreneurship?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

68.

What is the main purpose of a balance sheet?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

69.

What is the main purpose of marketing?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

70.

What is the main purpose of business ethics?

a)

To maximize profits

b)

To track financial performance

c)

To promote brand loyalty

d)

To describe customer demographics

71.

A business plan is only useful after starting a business.

a)

True

b)

False

72.

Assets must always equal liabilities plus equity.

a)

True

b)

False

73.

Marketing includes both advertising and sales.

a)

True

b)

False

74.

All businesses aim to make a profit.

a)

True

b)

False

75.

A business plan is only useful after starting a business.

a)

True

b)

False

76.

Assets must always equal liabilities plus equity.

a)

True

b)

False

77.

Marketing includes both advertising and sales.

a)

True

b)

False

78.

All businesses aim to make a profit.

a)

True

b)

False

79.

A business plan is only useful after starting a business.

a)

True

b)

False

80.

Assets must always equal liabilities plus equity.

a)

True

b)

False

81.

Marketing includes both advertising and sales.

a)

True

b)

False

82.

All businesses aim to make a profit.

a)

True

b)

False

83.

A business plan is only useful after starting a business.

a)

True

b)

False

84.

Assets must always equal liabilities plus equity.

a)

True

b)

False

85.

Marketing includes both advertising and sales.

a)

True

b)

False

86.

All businesses aim to make a profit.

a)

True

b)

False