Business Concepts Quiz

Business Concepts Quiz

9th Grade

15 Qs

quiz-placeholder

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Business Concepts Quiz

Business Concepts Quiz

Assessment

Quiz

Business

9th Grade

Practice Problem

Medium

Created by

Sara Hensler

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of advertising?

The edge achieved by businesses that offer something better than their competitors

Any paid form of nonpersonal presentation of ideas, goods, or services

The people who buy goods and services

Tangible items that should last a long time

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes the edge achieved by businesses that offer something better than their competitors?

Competitive advantage

Marketing concept

Personal selling

Sales promotion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the people that buy goods and services?

Producers

Customers

Marketers

Sellers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are durable goods?

Intangible activities performed for money

Tangible items that should last a long time

Tangible items that are consumed within a short time

Promotional activities that stimulate customer purchases

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term 'economy' refer to?

The system in which people make and spend their incomes

The management function of deciding what will be done and how it will be accomplished

The form of promotion that determines client needs and wants

The activity of creating, communicating, delivering, and exchanging offerings

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a feature?

A fact about or characteristic of a product

A tangible object that can be manufactured or produced for resale

A philosophy of conducting business

A marketing function that involves determining and adjusting prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are goods?

Intangible activities performed for money

Tangible objects that can be manufactured or produced for resale

Promotional activities that stimulate customer purchases

The people who make or provide goods and services

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