Quiz: Only A CEO Can Get 10/15 On This Basic Business Test. Can You?

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Are you CEO ready?

A quiz on the basic business knowledge than any CEO or entrepreneur should be able to answer fairly easily.

 Nov 19, 2017
1 of 15Pick one!
In Canada, by law all imported goods are required to have labels written in:
French AND English
2 of 15Pick one!
A person who risk both time and money to start and manage a business
3 of 15Pick one!
In business, stakeholders is defined as
Only the employees that are effected by the policies of a business.
All the people who stand to gain or lose by the policies
Only the people that purchase goods or services from a business
4 of 15Pick one!
The amount of money a business earns above and beyond what it spends on expenses
5 of 15Pick one!
In order to gain a competitive edge on the competition, some companies focus on
Professional sales pitch
Low prices
6 of 15Pick one!
Business is becoming more management-driven than customer-driven.
7 of 15Pick one!
As of 2008, what country leads the world in manufacturing?
United States
8 of 15Pick one!
The activity of providing goods or services to others
Consumer advocating
9 of 15Pick one!
Standard of living is the amount of goods and services people can buy
10 of 15Pick one!
Productivity is
The amount of output you generate given the amount of input.
a revolt
Process of producing goods
11 of 15Pick one!
________ is the study of how society chooses to employ resources to produce goods and services
12 of 15Pick one!
The branch of economics that studies the operation of a nation's economy
Free market
13 of 15Pick one!
Who is considered to be the Father of Economics?
Fred Taylor
Adam Walsh
Thomas Carlyle
14 of 15Pick one!
What is inflation?
When price increases are slowing
Cost of producing goods or services
A general rise in the prices of goods and services over time.
15 of 15Pick one!
What does the term "SEO" stand for?
Search Energy Origin
Search Engine Optimization
Savvy Entertainment Organization
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