Part 1

Part 1

9th - 12th Grade

48 Qs

quiz-placeholder

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Part 1

Part 1

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

KELLI SMIRNIOTIS

Used 23+ times

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48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your company has a new product in production. You need to establish your product quality control process. What is the correct order to establish your product quality control process?

Set standards, Establish method, Review results, Refine/improve

Establish method, Set standards,  Review results, Refine/improve

Refine/improve, establish method, set standards, review results

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consultant determined that your company needs a better social media presence to market your school supply products. Which 3 methods should you use?

Create profiles on online platforms, Create an online customer community, Use brand influencers

Produce a television infomercial, create email subscriptions, Use direct mail flyers

Create email subscriptions, create profiles on online platforms, Use brand influencers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of compensation is for an employee who receives payment after completing a sale?

Commission

Hourly

Salary

Piece work

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of compensation is for an employee who receives a set amount for each unit created?

Piece work

Commission`

Hourly

Salary

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which type of compensation is for an employee who receives overtime pay for work extra time?

Commission

Hourly

Salary

Piece work

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which type of compensation is for an employee who receives a set wage each week without overtime pay for extra time.

Commission

Salary

Hourly

Piece work

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the projected ending cash balance for a month with this information: Initial cash $1,200, Projected revenue $2,350, Gas $100, Equipment maintenance fees $290, Truck payment $400, Payroll $2,900, Insurance $120. Remember, if the amount is in ( ) that means it is negative.

($260)

($140)

$940

$2,640

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