
SEM Unit 2
Authored by Gretchen Shelman
Life Skills
9th Grade
Used 8+ times

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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nike is able to product their shoes faster and cheaper than Reebok, so they have a
productive benefit
comparative advantage
target market
market segment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Spencer is putting on a concert and spent $250,000 on purchasing merchandise, setting up the venue, and paying workers. If he makes $250,000 in ticket and merch sales, he will meet the ____________.
Profit Motive
Comparative Advantage
Opportunity Cost
Breakeven Point
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the top level of Maslow's Hierarchy of needs?
Physiological
Security
Social
Self-Actualization
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Molly bought a bucket of ice cream because she was sad about her boyfriend dumping her. This is an example of a ________ purchase
Emotional
Rational
Patronage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buying a new TV after careful research and planning is a(n)__________ purchase
emotional
rational
patronage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buying new Nike shoes after your old Nike shoes get dirty becuase you love the brand is an example of a __________ purchase
emotional
rational
patronage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buying a daily Starbucks drink is an example of a(n) ________ purchase
emotional
rational
patronage
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