
Business Quiz
Authored by Taylor-Anne Stewart
Business
9th - 12th Grade
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of Free trade
Business like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain.
An international economic and political movement designed to help goods and services flow more freely across international boundaries.
Any tools-- especially computers, telecommunications, and other digital products-- that businesses can use to be more efficient and effective.
The measurable characteristics of a population. Demographic factors include population size and density, as well as specific traits such as age, gender, and race.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of General Agreement on Tariffs and Trade (GATT)
Business transactions conducted online, typically via the internet.
The rate at which a new product moves from conception to commercialization.
An international economic and political movement designed to help goods and services flow more freely across international boundaries.
An international trade agreement that has taken bold steps to lower tariffs and promote free trade world wide.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of Factors of Production
Four fundamental elements-- natural resources, capital, human resources, and entrepreneurship-- that businesses need to achieve their objectives.
The periodic contraction and expansion that occur over time in virtually every economy.
The service that allows computer users to easily access and share information on the internet on the internet in the form of text, graphics, video, apps, and animation
Business like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of E-Commerce
Any tools-- especially computers, telecommunications, and other digital products-- that businesses can use to be more efficient and effective.
The setting in which business operates. The five key components are economic environment, competitive environment, technological environment, social environment, and global environment.
Business transactions conducted online, typically via the internet.
Business like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of Demographics
The measurable characteristics of a population. Factors include population size and density, as well as specific traits such as age, gender, and race.
Business like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain.
The rate at which a new product moves from conception to commercialization.
The service that allows computer users to easily access and share information on the internet on the internet in the form of text, graphics, video, apps, and animation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of demand
The quantity of products that consumers are willing to buy at different market prices
The graphed relationship between price and quantity from a supplier standpoint
The periodic contraction and expansion that occur over time in virtually every economy.
A measure of inflation that evaluates the change over time in the weighted-average wholesale prices.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of monetary policy
The sum of all the money that the government has borrowed over the years and not yet repaid
Federal Reserve decisions that shape the economy by influencing interest rates and the supply of money
They study of a country's overall economic dynamics, such as the employment rate, the gross domestic product, and taxation policies
The graphed relationship between price and quantity from a supplier standpoint
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