
Unit 3 Business Operations and Technology

Quiz
•
Business
•
10th Grade
•
Medium
Kaley Newcomer
Used 7+ times
FREE Resource
70 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first step in new product planning is to develop a full marketing strategy.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Effective marketing begins with a good product.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A direct channel of distribution uses only one other organization to ship a product from the producer to the consumer.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The four types of businesses responsible for production are producers, extractors, farmers, and service providers.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A markup reduces the amount of money the business has to cover operating expenses and profits.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A management information system is a coordinated system of processing and reporting information in an organization.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of technology to create product styles and designs is called robotics.
True
False
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