2024 Intro to Business Final Review

2024 Intro to Business Final Review

11th Grade

55 Qs

quiz-placeholder

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2024 Intro to Business Final Review

2024 Intro to Business Final Review

Assessment

Quiz

Business

11th Grade

Practice Problem

Hard

Created by

Shannon Keller

Used 3+ times

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55 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business model is how a company sells its products to customers and it's plan for making a __________.

profit

expense

invention

sales forcast

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A manufacturer makes finished products from raw materials and is a type of:

business ownership

business model

business plan

franchise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A __________ buys products from a manufacturer, distributor, and/or wholesaler and sells directly to the consuming public.

middleman

blockchain

retailer

auction house

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are two types of retailers, Bricks-and-Mortar retailers and __________ retailers.

Online

Distributor

Wholesaler

Subscription

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

McDonalds and Subway are examples of a __________ business model.

franchise

e-commerce

multilevel marketing

direct sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A furniture factory makes its products from wood and other raw materials. It is called a:

retailer

manufacturer

distributor

aggregator

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some factors to consider when selecting a type of business ownership?

tax liability

the limits or potential liabilities of personal losses

control in operating the business

all the above

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