Economics and Marketing Lesson Review

Economics and Marketing Lesson Review

9th - 12th Grade

•

30 Qs

quiz-placeholder

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Economics and Marketing Lesson Review

Economics and Marketing Lesson Review

Assessment

Quiz

•

Business

•

9th - 12th Grade

•

Hard

Created by

Angela Walker

Used 2+ times

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30 questions

Show all answers

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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