task1

task1

1st Grade

15 Qs

quiz-placeholder

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task1

task1

Assessment

Quiz

Business

1st Grade

Practice Problem

Easy

Created by

Marika Yolbaia

Used 9+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the conditions that make business more successful that the businesses it is competing with

microfinance institution

economies of scale

competitive advantage

mass consumption

interest

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the reduction of production costs that is a result of making and selling goods in large quantities....

profit margin

economies of scale

investment bank

customize

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a system that provides financial services and loans to people with very low incomes as in undeveloped countries______

interest

network

collateral

microfinance institution

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the use of goods or services by a large number of people____

core business

mass consumption

audit

loan

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the difference between the cost of making a product and the price it is sold for____

profit margin

competitive advantage

network

niche market

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a small area of trade within the economy often involving specialized products_____

investment bank

collateral

niche market

advantage

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

its what a borrower promises to give to a lender if he cant repay a loan ______

collateral

microfinance customize

economies of scale

core business

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