Business Terminology Quiz

What does the word *philanthropist* mean?

• A person who buys expensive things for themselves

• A person who gives time and money to help others

• A person who works only for personal success

• A person who manages large businesses

Tags

CCSS.L.8.4A

CCSS.L.8.4B

CCSS.L.8.4C

CCSS.RI.8.4

What is the meaning of *vertical integration*?

• When a company makes products and also owns the stores that sell them

• When two companies work together on a project

• When a business splits into smaller parts

• When a company only sells products online

Tags

CCSS.L.8.4A

CCSS.L.8.4B

CCSS.RI.8.4

Which of the following best describes a *labor union*?

• A group of workers who join together to improve their pay and work conditions

• A company that hires people for different jobs

• A club where workers play sports together

• A group of managers who decide company rules

Tags

CCSS.RI.8.2

What does *collective bargaining* involve?

• Workers individually asking for better pay

• Negotiation by a group of workers for better wages and conditions

• Managers deciding how much to pay employees

• Hiring new workers to replace current employees

Tags

CCSS.RI.8.2

What is meant by *consolidation*?

• Breaking a large company into smaller, separate businesses

• Combining two or more things into one stronger or more effective whole

• Closing down old businesses and starting new ones

• Selling different parts of a company to other businesses

Tags

CCSS.RI.8.4

What does *monopoly* mean?

• Owning one small part of a company

• Sharing business ownership with other companies

• Having total control over the supply of a product or service

• Competing with other businesses for customers

Tags

CCSS.L.8.4A

CCSS.RI.8.4

What is *stock*?

• The amount of products a company keeps in its warehouse

• The ownership shares in a company that can be bought or sold

• A list of all the things a company sells

• The total number of workers in a company

Tags

CCSS.L.8.4A

CCSS.RI.8.4

Which word best fits this sentence? "The workers felt ______ because their voices weren’t being heard."

• Alienation

• Accord

• Elite

• Integration

Tags

CCSS.L.8.4A

CCSS.L.8.5C

CCSS.RL.8.4

What is the best synonym for *onslaught*?

• Agreement

• Attack

• Cooperation

• Peace

Tags

CCSS.L.8.4A

CCSS.L.8.4B

CCSS.L.8.5C

Choose the word that describes someone with unique and unusual behavior:

• Eccentric

• Abet

• Accord

• Elite

Tags

CCSS.L.8.4A

CCSS.L.8.5C

CCSS.RL.8.4