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Profit Motive Quiz

Authored by Crystal Lewis

Business

12th Grade

Used 1+ times

Profit Motive Quiz
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the relationship between profit motive and greed according to the learning material?

Profit motive can lead to some level of greed

Profit motive eliminates greed

Profit motive has no effect on greed

Profit motive reduces greed

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Which of the following is NOT mentioned as a focus of great companies in the learning material?

Reducing costs

Solving problems

Innovating

Providing goods and services that improve society

3.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the primary focus of the great companies throughout history as mentioned in the learning material?

Their mission

Their profit

Their market share

Their employee benefits

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the learning material suggesting about the relationship between profit and business sustainability?

Solely focusing on profit leads to business failure

Solely focusing on profit ensures business success

Solely focusing on profit attracts more customers

Solely focusing on profit increases employee satisfaction

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

During which revolutions did the profit motive help fuel inventions and economic growth?

Industrial, technological, and digital

Agricultural, industrial, and digital

Technological, agricultural, and social

Industrial, social, and digital

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the main topic of the provided text?

Benefits of Profit Motive

Drawbacks of Profit Motive

History of Profit Motive

Future of Profit Motive

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Profit is calculated over what period?

A certain time period.

A single day.

A single transaction.

A single month.

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