Business Quiz

Which of the following is NOT a type of market structure?

• a) Monopoly

• b) Oligopoly

• c) Monopsony

• d) Oligopsony

• e) None of them

Answer explanation

• Monopoly: A market structure characterized by a single seller of a unique product with no close substitutes. The seller has significant market power and can set prices.

• Oligopoly: A market structure in which a small number of large firms dominate the market. Each firm's actions can affect market conditions and the decisions of other firms.

• Monopsony: A market structure in which there is only one buyer for a particular product or service. The buyer has significant market power and can dictate terms to suppliers.

• Oligopsony: A market structure in which a few large buyers dominate the market for a particular product or service. Each buyer's actions can affect market conditions and the decisions of other buyers.

1. What does ROI stand for in business?

• a) Return on Investment

• b) Revenue Over Income

• c) Return on Income

• d) Revenue of Interest

7. The acronym KPI stands for Key Performance __________.

4. SWOT analysis stands for Strengths, Weaknesses, Opportunities, and __________.

6. Which specific sector of the Indian share market do you believe holds the most potential for investment in the current economic climate?

• a) Technology

• b) Healthcare

• c) Energy

• d) Financial Services

• e) Consumer Goods

Identify the company or brand represented by the following logo

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OFF

Based on the paragraph, what factors contribute to the growth of e-commerce sales?

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OFF

Which business has the slogan "I'm lovin' it"?

• Burger King
• McDonalds
• Subway
• KFC

Name the account to hold financial securities in electronic form

• DEMAT Account

• CEMAT Account

• EEMAT Account

• SEMAT Account

What clothing brand uses this logo?

• Boss

• Prada

• Chanel

• Calvin Klein