
Economics and Marketing Lesson Review
Authored by Angela Walker
Business
9th - 12th Grade
Used 2+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is a general example of a business?
Jordan uses a computer to research the Civil War for his history project.
Wanda tries to make a profit by selling homemade jam at the farmer's market.
Laurel volunteers to babysit her niece on Saturday.
Frank prepares dinner for his family on weeknights.
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What do most business people think is the primary purpose of business?
To fix the problems of society
To generate wealth
To invest all profits back into the business
To protect private property
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is a way in which business benefits society?
It discourages innovation.
It forbids social bonds in the workplace.
It prevents the creation of new jobs.
It provides competition to improve customer choice.
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What might be an example of corporate social responsibility?
Hiring underage workers
Paying corporate taxes
Funding water conservation technologies
Following local ordinances for safety
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is an example of disruptive innovation?
A cruise line adding more destinations to their itineraries
An airline company purchasing a new jet
Use of smartphones with Internet access replacing use of landlines
Using different colored materials to create a line of shoes
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A characteristic often associated with entrepreneurship is _____.
risk
security
passiveness
routine
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is the term applied to an integrated approach to managing a company's interaction with its customers?
Big data
Customer relationship management
Innovation
Customer support
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