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Business essentials unit 2

Authored by Imani Johnson

Business

9th - 12th Grade

Used 5+ times

Business essentials unit 2
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

When employees are working faster they are increasing their

Wages

Benefits

Value

Efficiency

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A hurricane that destroys a business is an example of a (n) ____ risk

Operational

Financial

Strategic

Hazard

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The automobile industry, the pharmaceutical industry, and the oil industry are all examples of

Market structures

Perfect competition

Oligopolies

Monopolistic competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What motivates business to produce efficiently and sell effectively?

The desire to spend money

The hole of making profit

The need of recognition

The chance to start a trend

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A gap between unlimited wants and limited resources creates

Economics

Resources

Wants

Scarcity

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Seeing a movie at a theater a theater would be considered a (n) _____ want.

Economic

Unlimited

Limited

Non-economic

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following represents a primary business activity

Scheduling

Designing

Marketing

Supervising

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