Practice test

CMGT 101 Practice Test

Practice test based on the CMGT 101 course outline topics in [Introduction to Business Course Outline Sept 2026 - Updated](material:36).

10 questions · pass mark 50%

Try the first five — pick an answer to see if you got it right.

1 Which topic is covered in Weeks 1–2 of CMGT 101?

Business financing
Introduction to Business
Cooperative societies
Business ethics and social responsibility

Explanation: The course outline lists 'Introduction to Business' under Weeks 1–2.

2 Which of the following are listed as parts of the business environment in CMGT 101? Select all that apply.

Physical environment
Economic environment
Medical environment
Technological environment

Explanation: The course outline identifies the physical, economic, historical, political/legal, socio-cultural, and technological environments as parts of the business environment.

3 CMGT 101 includes study of both incorporated and unincorporated businesses.

True
False

Explanation: The course outline includes unincorporated businesses such as sole proprietorships and partnerships, and incorporated businesses such as private and public companies.

4 Which of the following is an example of an unincorporated business listed in the course outline?

Public company
Joint venture
Partnership
Franchise

Explanation: The outline lists sole proprietorships and partnerships as unincorporated businesses.

5 In which weeks are Cooperative Societies covered?

Weeks 3–4
Weeks 5–6
Weeks 7–8
Weeks 11–12

Explanation: The course outline places Cooperative Societies in Weeks 7–8.

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