Progress Test Q

Progress Test Q

KG - 5th Grade

19 Qs

quiz-placeholder

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Progress Test Q

Progress Test Q

Assessment

Quiz

Business

KG - 5th Grade

Practice Problem

Medium

Created by

Hannah Millar

Used 6+ times

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19 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Internal business failure is caused by factors ___________ the business

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

External business failure is caused by factors __________of the business

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which 4 of the following are causes of Internal business failure?

Poor cash flow

Poor quality product

Competition

Too much customer credit

Poor marketing

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which 4 of the following are causes of External business failure?

Changes to legislation

Poor quality product

Competition

Changes in consumer tastes

Economic Conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by production?

Turning an invention into a good or service

The transformation of resources into goods or services

Selling goods or services

Using capital equipment when making a good or service

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Job production?

Products move continuously through the stages of production

Factory is divided into sections where a team makes the complete product

A group of products move together through several stages of production

Making one product at a time

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which 3 are advantages of job production?

Highly skilled workers

High quality product

Can adapt to meet customer needs

Cheap to produce

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