PBM - 2nd Semester Final

PBM - 2nd Semester Final

9th - 12th Grade

25 Qs

quiz-placeholder

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PBM - 2nd Semester Final

PBM - 2nd Semester Final

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Easy

Created by

Lauren Day

Used 1+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A business plan is a written description of a new business venture that describes all _________ of the business.

Aspects
Goals
Products
Strategies

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Company values and beliefs are established in the ______________.

executive summary
mission statement
organizational plan
vision statement

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A contractual agreement to use the name and sell the products or services of a company in a designated geographic area is called a ___________.

cooperative
charter
franchise
Partnership

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The easiest way to organize a business is as a ____________.

cooperative
corporation
partnership
sole proprietorship

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A business that turns raw materials into finished goods is called a ________.

Manufacturer
Producer
Processor
Wholesaler

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A company that gathers materials in their original state from natural resources is called a _________.

Procurer
Producer
Processor
Wholesaler

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

_________is a term that is used to refer to the people who are in charge of running business.

Management
Officers
Principals
Stakeholders

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