Business Organization Quizzes & Trivia

Businesses are an imperative part of a country’s economy. Check out how much you know about basic things about businesses and how they operate with the best in class online business organization quizzes, all in one place.

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Quiz: Forms Of Business Organization

When you start a business, you must make informed decisions. You must choose the appropriate form of business in which you want to participate. Some examples of this include sole proprietorship, corporation, partnership,...

Questions: 15 | Attempts: 11722 | Last updated: May 27, 2021

Sample Question
The best definition of a sole trader form of business organization is:

The business only employs one person

The business is owned by one person

The firm has a single customer

There is a single firm in the industry.

Quiz: Options For Organizing Business

Business 100 practice quiz

Questions: 33 | Attempts: 567 | Last updated: Sep 29, 2020

Sample Question
If you want to go into business for yourself, the easiest way is a sole proprietorship.

True

False

Forms Of Business Organisation Quiz

A few questions about the third chapter from the IGCSE Business Studies book: Forms of Business Organization

Questions: 5 | Attempts: 454 | Last updated: Dec 6, 2017

Sample Question
What is a disadvantage of being sole trader?

Limited capacity to expand business

Own boss with complete control

Higher costs of establishing

Sale of shares is expensive

Quiz: Business Organizations And Markets

Chapter 8 quiz from Understanding Business text book.

Questions: 10 | Attempts: 921 | Last updated: Sep 29, 2020

Sample Question
Economies of scale:

Are available to small firms but not to large firms due to management inefficiencies

Are achieved when a firm reduces its average cost of goods as it produces more

Can be avoided by purchasing supplies and raw materials in large quantities

Help explain the success of small businesses

The Business Organization Quiz

This a a quiz on the key terms that was assigned for "The Business Organization"

Questions: 5 | Attempts: 296 | Last updated: Feb 12, 2013

Sample Question
A written declaration of an organizations core purpose and focus that normally remains unchanged over time.

Mission Statement

Financial Statements

Regulations

Partnership Agreements

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Quiz: Fundamental Questions of Business Organisation

Revision Test

Questions: 20 | Attempts: 535 | Last updated: Sep 22, 2020

Sample Question
A situation where you take action prior to an event to ensure a positive outcome.

Proactive

Reactive

Quiz Over Classification Of Business Organization

Quiz over Classification of business organization

Maslow Hierarchy of needs, Promotional Strategies, the marketing mix,

Questions: 5 | Attempts: 186 | Last updated: Aug 21, 2018

Sample Question
What are the various types of business organizations?

Public sector, Franchise, Kentucky Fried Chicken

Burger king, Grace, Registration general department

Public sector limited company, Partnership, sole trader