8th Grade Exam
Learning how businesses work is very important and should start at an early age as most of us want to sole proprietors. The quiz below is set up to test what we have learnt in the business classes throughout the year in preparedness to the final exams. Give it a try.
- 1.
________allows the entrepreneur to set goals for the business, and then track progress toward the goals.
- A.
Planning
- B.
Money
- C.
Financing
- D.
Marketing
Correct Answer
A. Planning -
- 2.
Which of the following is an advantage of working at home?
- A.
Not commuting to and from the office
- B.
Less expensive than renting office space
- C.
Spend more quality time with family
- D.
All of the Above
Correct Answer
D. All of the Above -
- 3.
To place an object on top of, or behind another object, you must change its___________.
- A.
Autoshape
- B.
Order
- C.
Fill color
- D.
Size
Correct Answer
B. Order -
- 4.
Which Microsoft Word tool allows you to create curved shapes and objects?
- A.
Word Art
- B.
Line tool
- C.
Curve tool
- D.
Shadow tool
Correct Answer
C. Curve tool -
- 5.
_____________ is the process of dreaming up, planning and starting a busienss.
- A.
Business
- B.
Entrepreneurship
- C.
Entrepreneur
- D.
Strategy
Correct Answer
B. Entrepreneurship -
- 6.
Which of the following traits can be described as strengths?
- A.
Courage
- B.
Knowledge
- C.
Honesty
- D.
Patience
- E.
All of the above
Correct Answer
E. All of the above -
- 7.
Why did you write your business plan in Entrepreneurship?
- A.
To attract a busienss manager
- B.
To get financing for a heat press
- C.
To sell the business
- D.
To get financing for a new office
Correct Answer
B. To get financing for a heat press -
- 8.
Which part of a business requires NO planning?
- A.
Marketing
- B.
Startup
- C.
Hiring new employees
- D.
None of the above
Correct Answer
D. None of the above -
- 9.
Your business with Michelle Tanner was owned as a _____________________.
- A.
Partnership
- B.
Corporation
- C.
Sole Proprietorship
Correct Answer
A. Partnership -
- 10.
_________________ is perhaps the most challenging type of entreprenturship.
- A.
New business
- B.
Franchise
- C.
Existing Business
- D.
Family business
Correct Answer
A. New business -
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Current Version
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Jun 25, 2018Quiz Edited by
ProProfs Editorial Team -
Jun 07, 2010Quiz Created by
Marellnjon
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