Business Chapter 1 Review

Business Chapter 1 Review

10th Grade

55 Qs

quiz-placeholder

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Business Chapter 1 Review

Business Chapter 1 Review

Assessment

Quiz

Other

10th Grade

Practice Problem

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Ged NORTON

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55 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of these products is designed to meet a customer need?

Potato crisps

Cricket bat

Bread

Smartphone

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is a business stakeholder?

Lawyer

Tax collector

Customer

Police officer

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following business activities is a service?

House construction

Dental treatment

Coconut farming

Gold mining

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

An example of a producer good is?

Tractor

Newspaper

Package holiday

Meal at a restaurant

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is a non-financial business objective?

Increase market share

Independence and control

Profit maximisation

Survival

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is a financial business objective?

Improve customer service

Independence and control

Sales growth

Improve social responsibility

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following might cause business objectives to change over time?

Technological development

A rise in the price of shares

Following the introduction of a new accounting system

A change in weather patterns

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