Can You Answer These Basic Business Questions?

7 Questions | Total Attempts: 93

Introduction To Business Quizzes & Trivia

Reading quiz about a boy who starts a business.

Questions and Answers
  • 1. 
    What is an entrepreneur?
    • A. 

      Some one who buys goods or services

    • B. 

      Someone who works for someone else

    • C. 

      Someone who creats an manages a business

  • 2. 
    Someone who provides goods and services for sale is a:
    • A. 


    • B. 


    • C. 


  • 3. 
    What is a market Survey?
    • A. 

      A survey of your friends asking if they think your buisness will succeed

    • B. 

      Asking questions at the supermarket

    • C. 

      A study that will tell you if there is a need for your business

  • 4. 
    A business goal should be _____________ and ______________________
  • 5. 
    What is a mission statement?
    • A. 

      An explaination of the purpose of a mission

    • B. 

      A mission to help others

    • C. 

      An explanation of what a business is trying to do

  • 6. 
    What is a contract
    • A. 

      A paper that tells what the customer should do

    • B. 

      A paper that tells how much a business will charge

    • C. 

      An agreement between producer and consumer of what the customer will recieve and how much he or she will pay

  • 7. 
    What are expenses?
    • A. 

      Money paid to a producer

    • B. 

      Money spent in order to provide good and services

    • C. 

      Money spent as a consumer

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