Functions of Business
Authored by John Robinson
Social Studies
8th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of these BEST describes the function of private business?
to maintain the security of citizens
to provide services through taxation
to produce goods and services for the public
to provide savings and investment opportunities to the public.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a primary function of business in a market economy?
To regulate prices
To produce goods and services
To enforce laws
To provide public welfare
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the main function of marketing within a business?
To manage finances
To produce goods
To promote and sell products
To hire employees
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which function of business is responsible for managing employee relations and benefits?
Marketing
Human Resources
Finance
Production
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In a business, which function is primarily concerned with the management of money and investments?
Marketing
Human Resources
Finance
Production
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a function of business that involves creating new products or improving existing ones?
Research and Development
Finance
Human Resources
Marketing
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the role of the production function in a business?
To manage employee benefits
To produce goods and services
To advertise products
To handle customer complaints
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