Business Essentials 2.02

Quiz
•
Other
•
9th - 12th Grade
•
Medium
Wayground Content
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A large retailer feels that it has a duty to contribute to the well-being of society, so it donates a portion of its proceeds to a charity that helps the environment. The retailer is demonstrating
social responsibility.
wholesaling.
voluntary chains.
e-tailing.
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is an example of an economic want:
Clothing
Fresh air
Understanding
Conversation
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Susan is willing to pay a high price for the brand of china that she wants for her home. This china would be classified as a(n) __________ product.
shopping
Capital
Convenience
Specialty
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A company that transforms cotton into wearable clothing is considered a
manufacturer.
raw-goods producer.
service business.
builder.
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What do service businesses sell?
Retail merchandise
Intangible activities
Raw goods
Wholesale merchandise
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A socially responsible business will attempt to give customers
the best products no matter what they cost.
the best products at the best prices.
lower quality products at reduced prices.
high-quality products at high prices.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Marcy is ready to buy a new computer, and she has saved up enough money to buy the model she wants. This is an example of
supply
demand
elasticity
market price
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