
Extra Credit Quiz 2
Authored by Ken Chantharath
Business
12th Grade
Used 4+ times

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20 questions
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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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