
ECON QUIZ
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Easy
Theodore Francisco
Used 1+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business is a system in which all
parts contribute to the success or
failure of the whole. Everything must
work together from employee to
president; from equipment to
resources.
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business must be dynamic- able to
thrive through all economic
conditions, in all markets, providing
meaningful highly differentiated
results to all of its customers.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business must manifest the higher
purpose upon which it was seeded,
the vision it was meant to exemplify,
the mission it was intended to fulfil.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business is no more effective than
the idea upon which it is built.
Business creates its own plan to
expand its economic growth.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The capability of a company to
sustain or improve its performance
in terms of profitability or efficiency
when its sales volume increases.
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business is an economic entity,
driving an economic reality, creating
an economic certainty for the
communities in which it thrives.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A business creates a __________
against which all businesses are
measured as either successful, or not.
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