FBLA Business Concepts
Authored by Vigaas Singh
Education
6th - 8th Grade
Used 56+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bundle of physical, service, and symbolic attributes designed to satisfy customer wants is called...
Place, product, price, and promotion
A product
Customer complaints
Economics
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business plan can be useful to an entrepreneur and _____________
The potential investors who may finance the new business.
Records a purchase
Stockholders
Agencies that collect information to establish your credit rating
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business transaction occurs each time a business __________.
Prime rate
Records a purchase
Equal Employment Opportunity Commission
Economics
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A labor union's major decisions are made by
Impulse buying
Exports
Personal resources
Union Members
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A prolonged rise in the level of prices for goods and services is ____________.
Inflation
Workmen's compensation
Wants
Convenience goods
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A tax added to the price of goods and services at the time of purchase is the __________.
General sales tax
Place, product, price, and promotion
Corporation
Personal resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
About 55% of the federal government's revenue comes from ____________.
Impulse buying
Income tax
General sales tax
Personal resources
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