Business Characteristics Vocabulary

Business Characteristics Vocabulary

10th Grade

23 Qs

quiz-placeholder

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Business Characteristics Vocabulary

Business Characteristics Vocabulary

Assessment

Quiz

Business

10th Grade

Medium

Created by

JUANITA PEREZ

Used 13+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

department responsible for creating products which meet consumer wants and needs, guiding products through the product life cycle and understanding consumers through marketing research

Marketing

Management

Accounting

Production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

department responsible for producing goods and services in the most efficient and cost-effective manner

Distribution

Production

Score

Producers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

marketing theory stating the stages experienced by products and services from their introduction to their decline; consists of four stages: introduction, growth, maturity, decline

Marketing Mix

Maturity Stage

Product Life Cycle

Distribution

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

pyramid expressing the needs of people in levels: basic needs, safety, belongingness, love, esteem and self-actualization

Human Resources

Maslow's Hierarchy of Needs

Integration Heuristics

Psychoanalytic Theory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

businesses which change raw or processed goods into finished goods

Service Firms

Manufacturers

Producers

Intermediaries

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

department responsible for managing the use of company funds, obtaining needed funds and creating a financial plan

Marketing

Finance

Management

Accounting

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

debts or obligations of a business

Finance

Liabilities

Assets

Owner's Equity

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