Competition

Competition

10th Grade

5 Qs

quiz-placeholder

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Competition

Competition

Assessment

Quiz

Business

10th Grade

Hard

Created by

Tabitha Sloan

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is one of the main principles of the private enterprise system?

Monopolies

competition

price fixing

socialism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Carl's Junior and McDonald's are examples of

regulated monopolies

unrelated businesses

dissimilar firms

direct competitors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a consumer chooses to go to the movies rather than to a pizza parlor, then the movie theater and the pizza parlor are

direct competitors

indirect competitors

prospecting

price competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most businesses put their greatest competitive efforts into competing

locally

nationally

globally

with indirect competitiors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An electronics store charges less for a new television than other electronics stores. The store is engaging in __________ competition.

price

nonprice

ethics

sales

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