
Business Concepts Quiz
Authored by Sara Hensler
Business
9th Grade
Used 1+ times

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15 questions
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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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