Business and Marketing Concepts

Business and Marketing Concepts

6th - 8th Grade

20 Qs

quiz-placeholder

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Business and Marketing Concepts

Business and Marketing Concepts

Assessment

Quiz

Business

6th - 8th Grade

Practice Problem

Easy

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To make decisions and take actions that involve uncertainty, potential loss, and the possibility of failure.

Risk

Certainty

Stability

Security

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A short and striking or memorable phrase used in advertising.

Tagline

Slogan

Motto

Catchphrase

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determines how much you charge for your product or service. This can depend on several factors, including competitor pricing, production costs and brand image.

Cost

Price

Value

Expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A symbol, word, or words legally registered or established by use as representing a company or product.

Trademark

Copyright

Patent

Brand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.

Trademark

Patent

Copyright

License

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A risk management technique that involves shifting the financial liability of a risk to another party.

Transfer Risk

Mitigate Risk

Accept Risk

Avoid Risk

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Natural phenomena that can cause damage to property or create safety hazards.

Natural Risk

Environmental Hazard

Geological Threat

Meteorological Event

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