Business terminology

Business terminology

10th Grade

15 Qs

quiz-placeholder

Similar activities

Inovação

Inovação

1st - 12th Grade

10 Qs

Nike Trivia (Eli)

Nike Trivia (Eli)

KG - Professional Development

10 Qs

Savings Account

Savings Account

9th - 12th Grade

13 Qs

Costs and Break-even Analysis

Costs and Break-even Analysis

10th - 12th Grade

20 Qs

Seguridad y Salud en un Emprendimiento

Seguridad y Salud en un Emprendimiento

1st Grade - University

10 Qs

Proses Perencanaan Produk Usaha

Proses Perencanaan Produk Usaha

9th - 12th Grade

10 Qs

Deca Quiz

Deca Quiz

9th - 12th Grade

11 Qs

Ruta de desarrollo

Ruta de desarrollo

1st - 10th Grade

10 Qs

Business terminology

Business terminology

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Jessica Maher

Used 81+ times

FREE Resource

AI

Enhance your content in a minute

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

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of competitive advantage?

the action or process of innovating

a condition or circumstance that puts a company in a favourable or superior business position

trade considered in terms of its volume or profitability

the state or quality of being productive

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of innovation?

the creation and subsequent introduction of a good or service that is either new, or an improved version of previous goods or services

the implementation of a new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing

the action or process of innovating

the implementation of a new or significantly improved production or delivery method

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of process innovation?

the implementation of a new or significantly improved production or delivery method

the work environment that leaders cultivate in order to nurture unorthodox thinking and its application

the creation and subsequent introduction of a good or service that is either new, or an improved version of previous goods or services

a condition or circumstance that puts a company in a favourable or superior business position

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is marketing innovation?

a condition or circumstance that puts a company in a favourable or superior business position

the work environment that leaders cultivate in order to nurture unorthodox thinking and its application

the implementation of a new or significantly improved production or delivery method

the implementation of a new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is business culture innovation?

the creation and subsequent introduction of a good or service that is either new, or an improved version of previous goods or services

the implementation of a new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing

the work environment that leaders cultivate in order to nurture unorthodox thinking and its application

the implementation of a new or significantly improved production or delivery method

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is product innovation?

the creation and subsequent introduction of a good or service that is either new, or an improved version of previous goods or services

the action or process of innovating

the implementation of a new or significantly improved production or delivery method

an organization's process for introducing new ideas, workflows, methodologies, services or products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is open innovation?

an organization's process for introducing new ideas, workflows, methodologies, services or products

Innovations are developed by companies themselves

an organisation doesn't just rely on their own internal knowledge, sources and resources for innovation

the implementation of a new or significantly improved production or delivery method

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

Already have an account?