It's true, only CEOs will be able to ace this basic business test with ease! Are you up for the challenge? Take these 10 quiz questions and put your business knowledge to the test!
Question 1/10
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A person who risk both time and money to start and manage a business is known as....
Entrepreneur
Supervisor
Power CEO
Question 2/10
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True or false: Most small businesses will fail in around 5 years.
True
False
Question 3/10
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Which one of these costs is deductible as a business expense?
Advertising
Home office
Business travel
All of the above
Question 4/10
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True or false: All small businesses have to be incorporated.
True
False
Question 5/10
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Which business averages a profit of $1.8 million every hour?
Target
Walmart
Dick's Sporting Goods
Question 6/10
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True or false: When you own your own business, you may pay more in taxes than if you were employed by someone else.
True
False
Question 7/10
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True or false: Standard of living is the amount of goods and services people can buy.
True
False
Question 8/10
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What is productivity?
The effectiveness of a productive effort.
The process of producing goods.
A total in house revolt.
Question 9/10
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What is defined as a bear market?
A stock market in which share prices fall precipitously
A stock market in which the share prices rise
Both
Question 10/10
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What is collateral?
Employee health coverage
A bargaining tool
Security against a loan
You're not ready for life as a CEO just yet! While you might know a bit about the business world, you still have a lot to learn before starting your own small business or corporation. Don't worry, in taking this quiz, you took some great steps in the right direction!
C+, Business Bust
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Right!
Based on the results of this quiz, you are truly business savvy! It's obvious that you know business quite well, so much so that we think you might own a business! From the stock market to marketing and everything in between, you're quite business adept!
B+, Business Savvy
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Right!
Based on the results of this quiz, you're a total business brainiac! No one knows the business world quite as well as you do! From owning a small business to running a big corporation, you know what it takes to set the entrepreneurial world on fire! We predict big things for you in your future!
A+, Business Brainiac
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Right!
1
A person who risk both time and money to start and manage a business is known as....
Entrepreneur
Supervisor
Power CEO
2
True or false: Most small businesses will fail in around 5 years.
True
False
3
Which one of these costs is deductible as a business expense?
Advertising
Home office
Business travel
All of the above
4
True or false: All small businesses have to be incorporated.
True
False
5
Which business averages a profit of $1.8 million every hour?
Target
Walmart
Dick's Sporting Goods
6
True or false: When you own your own business, you may pay more in taxes than if you were employed by someone else.
True
False
7
True or false: Standard of living is the amount of goods and services people can buy.
True
False
8
What is productivity?
The effectiveness of a productive effort.
The process of producing goods.
A total in house revolt.
9
What is defined as a bear market?
A stock market in which share prices fall precipitously
A stock market in which the share prices rise
Both
10
What is collateral?
Employee health coverage
A bargaining tool
Security against a loan
