BM Unit 1 Business Functions and Types Review

BM Unit 1 Business Functions and Types Review

9th Grade

100 Qs

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BM Unit 1 Business Functions and Types Review

BM Unit 1 Business Functions and Types Review

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Medium

Created by

MELISSA KELLEY HYATT

Used 5+ times

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100 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business is defined as:

An activity of producing and selling goods or services for profit.

A form of entertainment.

A type of government organization.

A hobby with no intention of earning money.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses are built around these four functions. Which of the following is NOT one of the four main functions of business?

Production

Marketing

Profit Orientation

Accounting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Production is the process of ________, growing, manufacturing or improving products or services.

creating

destroying

delaying

ignoring

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a production activity?

Selling products in a store

AOL Time Warner, Inc. creates movies and music

Exchanging money for goods

Advertising on TV

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Types of businesses are most commonly categorized by which of the following?

Location

Profit orientation, size, product, market

Number of employees

Year established

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small Businesses: Usually have less than how many employees?

100

250

500

1000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Big Businesses: Usually have more than how many employees?

100

10

25

50

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