FL Chapter 1 Review
Quiz
•
Business
•
10th Grade
•
Practice Problem
•
Medium
Standards-aligned
Allison Molleker
Used 4+ times
FREE Resource
Enhance your content in a minute
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tangible items that can be touched, used and purchased are _______.
Goods
Wants
Needs
Services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ethical behavior calls for honesty. Which of the following actions could be considered ethical?
Borrowing a classmate’s homework to copy the answers.
Studying for a test with a friend.
Checking personal e-mail at work during your shift.
Stealing a homecoming dress from a store and wearing it to the dance.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a human resource?
Knowledge
Time
Money
Possessions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What decision-making strategy weighs the costs against the benefits of an action, purchase, or financial decision?
Marginal analysis
Opportunity costs
Cost-benefit analysis
Common sense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step of systematic decision-making?
Explore the alternatives
Evaluate the decisions.
Define the decision to be made.
Act on the decision.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Forms of communication designed to reach a large number of people refers to _____.
Technology
Media
Social media
Globalization
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Social Security, Medicare, and Medicaid are examples of what?
Entitlements
Outsourcing
Globalization
Technological advances
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