Role of Business in Society Quiz - S3

Role of Business in Society Quiz - S3

11th Grade

17 Qs

quiz-placeholder

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Role of Business in Society Quiz - S3

Role of Business in Society Quiz - S3

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

David Gilchrist

Used 11+ times

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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary aim of a business?

To increase government taxes

To reduce environmental impact

To maximize employee benefits

To satisfy customers' needs and wants

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a basic need, essential for survival?

Mobile phones

Holidays

Luxury cars

Food

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are goods in the context of business?

Products that you cannot hold or touch

Services provided by the government

Products that you can see and touch

Experiences like a visit to the cinema

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a service?

Laptops

Clothes

Public transport

Food

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are wants in the context of business?

Services provided by the public sector

Products that are intangible

Luxuries we would like to have but don’t need to survive

Basic requirements for survival

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consumer in business terms?

A person who sells products

A person who uses a product and may also buy it

A business that provides services

A person who buys a product but doesn't use it.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or false: A CUSTOMER is an individual who purchases a product even though they might not consume or use it.

True

False

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