| What to create | Quiz |
| Which subject | Business |
| What age group | Year or Grade 8 |
| What topic | All |
| Question types | Open-ended |
| Number of questions | 12 |
| Number of answers | 10 |
| Correct answers | Exactly 1 |
| Show correct answers | |
| Use images (descriptions) | |
| Any other preferences |
Welcome to the Grade 8 Business Quiz! Test your knowledge on various aspects of business. Answer the questions below, and remember, there is only one correct answer for each question.
What is the primary purpose of a business?
Describe in your own words the main goal of a business.
What is a market?
Explain what is meant by 'the market' in a business context.
Define entrepreneurship.
What does it mean to be an entrepreneur?
What is a supply chain?
Provide a brief description of what a supply chain encompasses.
What are goods and services?
Differentiate between goods and services by providing definitions and examples.
What is the role of marketing in business?
Explain why marketing is important for a business's success.
What is a business plan?
Describe what a business plan should include and its purpose.
What is competition in business?
Define competition and explain how it can affect businesses.
What is a target market?
Describe what is meant by target market and its significance in business strategies.
What is corporate social responsibility (CSR)?
Explain what CSR entails for a business and why it is important.
What is profit?
Define profit and explain how it is calculated in business.
What is the importance of customer service?
Describe why excellent customer service is crucial for businesses.
Feel free to answer these questions in detail and demonstrate your understanding of key business concepts! Good luck!