business quiz

Who is the founder of Microsoft?

• Steve Jobs

• Mark Zuckerberg

• Bill Gates

• Larry Page

What is the primary goal of marketing?

• To generate leads

• To understand customer needs and satisfy them

• To create advertisements

• To reduce costs

Who is known as the “Father of Modern Economics”?

• Adam Smith

• John Maynard Keynes

• Milton Friedman

• Karl Marx

Which company is associated with the slogan "Just Do It"?

• Adidas

• Nike

• Puma

• Reebok

What is "Porter’s Five Forces" framework used for?

• Marketing strategies
  

• Analyzing competitive forces in an industry
  

• Evaluating employee performance
  

• Financial forecasting
  

What does the term "franchise" mean?

• A government-owned business
  

• A legal right to use a company’s name and business model
  

• A financial institution
  

• A type of market strategy
  

What does "B2B" stand for?

• Business to Buyer
  

• Business to Business
  

• Buyer to Business
  

• Business to Broker
  

What is the "four Ps" of marketing?

• Product, Price, Promotion, and Place
  

• People, Production, Payment, and Profit
  

• Planning, Packaging, Placement, and Pricing
  

• Policies, Procedures, Practices, and Principles
  

What is a competitive advantage?

• A company’s ability to dominate all markets
  

• A unique feature or strategy that makes a business stand out
  

• A partnership with another organization
  

• A high level of employee retention
  

What does the "Hawthorne Effect" refer to?

• Increased productivity due to attention given to workers
  

• Reduced efficiency due to employee burnout
  

• Improved profits from cost-cutting measures
  

• Decreased performance from automation