Unit Review
Quiz
•
Professional Development
•
9th Grade
•
Practice Problem
•
Hard
Destiny Brooks
Used 4+ times
FREE Resource
Enhance your content in a minute
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
Which question should one ask himself/herself to determine whether one is facing a true ethical dilemma?
Is there money at stake?
Could someone be hurt by the actions?
Does the action make me look good to others?
Is my choice based on the most popular option?
2.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
Shayla is not breaking any laws, but her behavior still is unethical. How is this possible?
Because ethical means doing what is easiest
Because the ethical thing to do is always what a group or majority is doing
Because doing what is legal can also be considered unethical
Because doing what is easiest is sometimes what is considered unethical
3.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
What is the name for markets with only a few sellers, such as the markets for automobiles, pharmaceuticals, or oil?
Oilgopolies
Monopolies
Perfect Competition
Monopolistic Competition
4.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
Competition helps create a healthy society by:
Replacing small businesses with large businesses
Making new government regulations
Creating new jobs
Increasing the money supply
5.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
A business decides against opening a store in the next town because its research shows the location will be unprofitable. What form of risk management is this?
Transfer
Retention
Reduction
Avoidance
6.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating
Social Responsibility
Wholesaling
E-tailing
Voluntary Merchandise
7.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
What is the economic basis for the private enterprise economic system?
Competition
The marketplace
The motive of profit
Manufacturer supply chain
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