Marketing Chapter 5:  The Free Enterprise System

Marketing Chapter 5: The Free Enterprise System

9th - 12th Grade

25 Qs

quiz-placeholder

Similar activities

QUIZ SECTION 1 DAY 5

QUIZ SECTION 1 DAY 5

7th Grade - University

20 Qs

UJI SKU POIN 12 SEJARAH KEPRAMUKAAN

UJI SKU POIN 12 SEJARAH KEPRAMUKAAN

10th Grade

20 Qs

1学期中間テスト(あきこ1-3課)

1学期中間テスト(あきこ1-3課)

10th Grade

20 Qs

TLE 9

TLE 9

9th Grade

20 Qs

Modul 1 Fire Extinguishing Agent

Modul 1 Fire Extinguishing Agent

1st Grade - University

20 Qs

Warm and Cold Fronts

Warm and Cold Fronts

6th - 12th Grade

20 Qs

N6 Bus Mgt People - Workforce Planning and Selection

N6 Bus Mgt People - Workforce Planning and Selection

9th Grade

20 Qs

FOUNDATIONS OF ENGLISH

FOUNDATIONS OF ENGLISH

9th - 12th Grade

20 Qs

Marketing Chapter 5:  The Free Enterprise System

Marketing Chapter 5: The Free Enterprise System

Assessment

Quiz

Other, Specialty

9th - 12th Grade

Medium

Created by

Sandra Eldridge

Used 31+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the struggle between companies for customers?

profit

promotion

surplus

competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales and rebates are examples of what market strategy?

price competition

low fares

competitive edge

roll backs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the function of a licensing agreement?

allows hairdressers and barbers to perform their services

protects corporations from deceptive investors

protects businesses and individuals from unauthorized copying

allows businesses to operate in areas previously zoned as residential

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In business, when does the potential for profit increase?

as the competition increases

as the risk increases

as taxes decrease

as the marketing expenditure decreases

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the group that decides whether or not a business will survive?

the consumers

the owners or board of directors

the government

the competing businesses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement best describes free enterprise?

A system that encourages people to start and operate their own businesses

A system where the marketplace determines prices

A system where people are free to own personal property

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an advantage of free enterprise?

Freedom to do as you want with no legal restrictions

Possibility of making profits

No restrictions on business

No competition

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?