Fundamentals of Business - Business Operations

Fundamentals of Business - Business Operations

12th Grade

60 Qs

quiz-placeholder

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Fundamentals of Business - Business Operations

Fundamentals of Business - Business Operations

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Stephanie Harp

Used 7+ times

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60 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the definition of business?

A for-profit or non-profit organization involved in commercial, industrial, or professional commerce.
A route or plan of action designed to achieve certain organizational goals and objectives.
Improving existing products and developing new products in order to meet customer demands.
Collecting, organizing, storing, and securing relevant data and information.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Business means a for-profit or non-profit organization involved in commercial, industrial, or professional commerce. What is the meaning of commercial?

The pursuit of a profit margin.
Services provided for a fee.
The improvement of services.
Items that are manufactured.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

human resources
finance/accounting
strategy
marketing

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company’s purpose, reason for being, and problem it is solving is its:

mission
profit margin
target market
strategy

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which business function is about collecting, organizing, storing, and securing relevant data and information in order to make informed decisions?

information management
human resources
operations
strategy

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which business function deals with the daily functioning of an organization, managing the inputs and outputs, and includes manufacturing, purchasing, and logistics?

operations
information management
finance/accounting
marketing

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which business function is the enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers for their benefit and for the benefit of society as a whole?

marketing
operations
human resources
information management

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