Business Environment Quiz

Business Environment Quiz

9th Grade

50 Qs

quiz-placeholder

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Business Environment Quiz

Business Environment Quiz

Assessment

Quiz

Business

9th Grade

Medium

Created by

Ian Jones

Used 1+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To survive and prosper in a dynamic business environment, what must a business be?

Flexible

Independent

Inadequate

Intolerable

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following is factual, definable and objective data systematically gathered by researchers?

Quality data

Qualitative data

Quantitative data

Quantum data

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a measurement of the extent of a change from one period of time to another?

Percentage

Percentage change

Average

Mean

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to consumer goods?

Goods sold to the final consumer for their own personal use

Goods sold by businesses to other businesses primarily for the purpose of reworking

Goods imported from abroad

Goods exported abroad

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best approximates the expected lifespan of a consumer durable good?

Less than 1 year

At least 1 year

At least 2 years

At least 3 years

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes commercial services?

Services provided by a business to a business, as opposed to an individual

Physical goods provided by a business to a business, as opposed to an individual

Direct work, of any description, by the service provider for a private individual

Direct work, of any description, by the service provider for a business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

With regard to the public sector of the economy, which of the following is untrue?

It is not primarily driven by the desire to maximise profits

It is managed and controlled by national government

It is not owned by private individuals

It is owned by national government

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