Welcome to the Introduction to Business MCQ Quiz. This test is developed to test your fundamental knowledge about business concepts and principles. If you are into business studies I think you'd like to test your basic knowledge of the topic. So, let's start already!
United States
India
China
Adam Walsh
Frederick Taylor
Thomas Malthus
Thomas Carlye
Socialism
Communism
Marxism
Capitalism
The cost of producing services or goods.
A situation in which price increases are slowing.
A general rise in the prices of goods and services over time.
None of the above.
Gross Domestic Product
Good Distribution Practice
Global Detection Probability
Global Data Pool
Economic boom and recession
Depression
Recovery
All of the above
Total sales of an organization divided by the sales of the market they serve.
A form of competition in which just a few sellers dominate the market.
Assigning or allocating costs to a specified marketing activity.
North American Fareston versus Tamoxifen Adjuvant
Northern Apex Foreign Trade Association
North American Fiscal Treaty Agreement
North American Free Trade Agreement
Overachiever
Supervisor
Entrepreneur
Narcissist
Only the people that purchase goods or services from a business.
Just the vendors that sells to the business.
All the people who stand to gain or lose by the policies and activities of a business.
Only the employees that are effected by the policies of a business.
Savings
Cash receipts
Revenue
Profit
Very low prices
Greeting every customer
Professional sales pitch
Quality
Consumer advocating.
Business.
Barter systems
None of the above.
True
False
The difference between the debit and the credit sides of an account.
Total sales during a stated period.
The money received by a business from customers.
All of the above
The process of producing goods
The amount of input you generate given the amount of output.
The amount of output you generate given the amount of input.
Revolt.
Reaganomics
Microeconomics
Free market
Macroeconomics
Economics
Biology
Chemistry
Business
Cost price
Selling price
Market price
Monopolistic
Oligopoly
Perfect Competition Market
Free trade
External trade
Import trade