Extra Credit Quiz 2

Extra Credit Quiz 2

12th Grade

20 Qs

quiz-placeholder

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Extra Credit Quiz 2

Extra Credit Quiz 2

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Ken Chantharath

Used 4+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

A fixed, regular employer PAYMENT for professional or office work, usually MONTHLY or YEARLY.

Salary

Wage

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

It refers to a product sold GLOBALLY but adjusted to accommodate users in a LOCAL market

Globalisation

Glocalisation

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

An IDEA for a new product, tested with target consumers before the product is developed.

Product Feature

Product Concept

Packaging

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Money paid to manual workers (per hour, day, or week).

Salary

Wages

Perks

Benefits

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The situation in which there is only ONE product seller.

Slogan

Cartel

Monopoly

Market Leader

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Factors that cause the average cost of producing something to fall as output increases

Economies of Scale

Innovation

Oligopoly

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

To unite, combine, amalgamate, integrate, or join together

Monopoly

Merger

A Raid

Growth

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