BF10 BE Unit 2 test

BF10 BE Unit 2 test

9th - 12th Grade

26 Qs

quiz-placeholder

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BF10 BE Unit 2 test

BF10 BE Unit 2 test

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Used 137+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

When employees are working faster or better, they are increasing their

wages.

benefits.

value.

efficiency.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A hurricane that destroys a business is an example of a(n) _______ risk.

operational

financial

strategic

hazard

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The automobile industry, the pharmaceutical industry, and the oil industry are all examples of

market structures.

perfect competition.

oligopolies.

monopolistic competition.

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What motivates businesses to produce efficiently and sell effectively?

The desire to spend money

The hope of making a profit

The need for recognition

The chance to start a trend

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A gap between unlimited wants and limited resources creates

economics.

resources.

wants.

scarcity.

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Seeing a movie at a theater would be considered a(n) __________ want.

economic

unlimited

limited

non-economic

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following represents a primary business activity?

Scheduling

Designing

Marketing

Supervising

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