BST 10 questions - Caleb | Take the Quiz

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Business Skills Test

Test your knowledge of essential business concepts with this engaging quiz! Whether you're a student, a professional, or simply someone interested in business, this quiz covers a variety of relevant topics.

10 multiple choice questions
Assess your understanding of business sectors, marketing mixes, and more
Get ready to challenge yourself!

10 Questions2 MinutesCreated by ExploringMind317

Which sector is the last sector of production?

Secondary

Tertiary

Primary

What is the formula for contribution?

Sales revenue - Cost of sales

Actual production level - Break even output

Selling price - Variable Costs

Unlimited liability means the business owner is responsible for all debts the business has

True

False

Which of the following is not financial motivation:

Fringe benefits

Job Rotation

Bonuses

1 benefit of efficient communication:

Customers are annoyed as their complaints are not dealt with

Staff understands their roles and responsibilities

Staff becomes demotivated

Which of the following is not primary research?

Focus groups

Government Records

Questionnaires

Surveys

Which is not a stakeholder group?

Customers

Governments

General public

Shareholders

Which method of production produces the most products?

Flow

Job

Batch

1 benefit of economies of scale:

Able to buy in bulk for a cheaper price

Reduced staff motivation

Difficult Communication

BST 10 questions - Caleb

Business Skills Test

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