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Business Concepts Quiz

Authored by Stephanie Ruple

Business

9th Grade

Used 1+ times

Business Concepts Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company develops a new smartphone with improved battery life.

Product/Service Management

Market Research

Customer Service

Pricing Strategy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business uses customer surveys to learn what features people want in a new product.

Advertising

Marketing Information Management

Product Development

Sales Promotion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A store offers a 20% discount on all clothing during a holiday weekend.

Product Development

Market Research

Promotion

Customer Service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car dealership offers a "buy now, pay later" financing plan.

Pricing Strategy

Financing

Market Research

Product Development

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company sets the price of its new energy drink lower than competitors to attract buyers.

Product Development

Market Research

Pricing Strategy

Customer Service

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An online store provides free 2-day shipping to Prime members.

Distribution (Place)

Sales Promotion

Market Research

Product Development

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fast-food chain launches a TV commercial featuring a celebrity.

Market Research

Promotion

Product Development

Pricing Strategy

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