BM1 quiz

BM1 quiz

University

10 Qs

quiz-placeholder

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BM1 quiz

BM1 quiz

Assessment

Quiz

Business

University

Medium

Created by

F E

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____ is a social force that protects consumers against unsafe products and malpractice by exerting moral and economic pressure on businesses.

Governance

Business ethics

Consumerism

Social responsibility

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ is a production factor that comprises buildings, machinery, cash registers, computers and products, not for final human consumption, but for making possible the production of final consumer products.

Assets

Entrepreneurship

HR

Capital

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ____ economy is a system of communal ownership in which the individual owns no property, except private domestic assets.

Market

Socialist

Command

Pure market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______ is an autonomous association of persons, who unite voluntarily to meet common economic, social and cultural needs by means of a jointly owned and democratically controlled enterprise.

Partnership

Co-operative

Public company

Private company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not part of the business environment?

Micro environment

Macro environment is

Market environment

Mixed environment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brand names, patents, trademarks and company reputation are examples of _____ resources.

Tangible

Intangible

Fixed

Variable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Environmental scanning applies to the ____ environment/s of a business.

Physical

Internal

Economic

Market and macro

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