Entrepreneurship (Semi-Final- Summative Test)

Entrepreneurship (Semi-Final- Summative Test)

12th Grade

80 Qs

quiz-placeholder

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Entrepreneurship (Semi-Final- Summative Test)

Entrepreneurship (Semi-Final- Summative Test)

Assessment

Quiz

Education

12th Grade

Easy

Created by

Maria Ursal

Used 5+ times

FREE Resource

80 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary factor in hiring manpower?
Age
Experience and skill
Location
Personal background

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most important consideration when selecting raw materials?
Cost
Availability
Quality
Supplier credibility

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company must consider ________ when choosing machines for production.
availability of spare parts
color of the machine
number of employees
office location

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does "Method" refer to in the 4 M’s of Production?
The process of turning raw materials into finished products
The number of employees hired
The amount of capital invested
The color scheme of the company’s branding

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is quality control important in material selection?
It helps lower production costs
It ensures customers receive high-quality products
It speeds up production
It makes hiring employees easier

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of the "Manpower" aspect of a business?
Using high-quality steel in construction
Training employees to improve efficiency
Purchasing new production machines
Selecting a new production method

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should a company evaluate the cost of machines before purchasing?
To ensure they do not overspend on unnecessary equipment
To make the factory look more modern
To increase the number of employees
To attract more customers

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