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IB Business Paper 1 Terminology Quiz

Authored by Kate Batterman

Business

11th Grade

Used 46+ times

IB Business Paper 1 Terminology Quiz
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are bamboo plates and cutlery?

Disposable items made from plastic

Environmentally-friendly alternatives to traditional plastic or paper

Metal utensils coated with bamboo fibers

Decorative items made from bamboo wood

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the COVID-19 pandemic?

A global economic recession

A resurgence of the common flu virus

A worldwide outbreak of a novel coronavirus disease

A seasonal epidemic restricted to specific regions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit card?

A form of prepaid debit card

A type of charge card linked to a bank account

A plastic card allowing users to borrow money for purchases

A loyalty card offering discounts at select stores

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a freelancer?

An employee working under a fixed-term contract

A self-employed individual providing services on a project basis

A temporary worker hired by multiple companies simultaneously

A part-time employee without a long-term commitment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is greenwashing?

A method of eco-friendly painting techniques

Misleading consumers by falsely claiming to be environmentally responsible

A process of recycling green-colored waste materials

A marketing campaign promoting the benefits of renewable energy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "interest rate" refer to?

The percentage of profits a company earns annually

The price of borrowing money or the return on investment

The rate at which stocks are traded on the market

The amount of tax levied on financial transactions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a landfill site?

A designated area for wildlife conservation

A location for extracting underground resources like oil or gas

A facility for storing hazardous waste materials

A site for the disposal of solid waste in the ground

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