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Digital Business and Market Structures Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which of the following is NOT a type of business environment?

a)

Internal

b)

External

c)

Global

d)

Technological

2.

What does the 'P' in PESTLE analysis stand for?

a)

Promotion

b)

Price

c)

Product

d)

Political

3.

Which market structure is characterized by many firms and differentiated products?

a)

Perfect Competition

b)

Monopolistic Competition

c)

Oligopoly

d)

Monopoly

4.

Which of the following is a fixed cost in digital business?

a)

Advertising

b)

Rent

c)

Transaction fees

d)

Cloud storage

5.

Which revenue model is used by companies like Netflix and Adobe?

a)

Freemium model

b)

Subscription-based

c)

E-commerce sales

d)

Advertising revenue

6.

Which financial document shows a company's assets, liabilities, and equity?

a)

Income Statement

b)

Balance Sheet

c)

Cash Flow Statement

d)

Profit & Loss Statement

7.

Which funding option involves raising small amounts of money from a large number of people?

a)

Venture Capitalists

b)

Crowdfunding

c)

Angel Investors

d)

Bootstrapping

8.

Which law is concerned with the protection of personal data?

a)

Consumer Rights Law

b)

Employment Law

c)

Data Protection Law

d)

Intellectual Property Law

9.

Which of the following is a cybersecurity risk?

a)

Sustainability

b)

AI Bias

c)

Diversity & Inclusion

d)

Phishing

10.

What is the main goal of digital transformation?

a)

Eliminate competition

b)

Reduce online presence

c)

Integrate digital technology to improve operations

d)

Increase physical store presence

11.

Which of the following is an example of digital transformation in finance?

a)

Physical banking

b)

Traditional stock trading

c)

Online banking

d)

E-commerce

12.

Which emerging technology is associated with smart devices?

a)

Blockchain

b)

Artificial Intelligence

c)

Cloud Computing

d)

Internet of Things

13.

What is a benefit of digital innovation?

a)

Scalability

b)

Higher costs

c)

Increased manual labor

d)

Decreased personalization

14.

Which market structure is characterized by one firm dominating the market?

a)

Monopoly

b)

Oligopoly

c)

Monopolistic Competition

d)

Perfect Competition

15.

Which of the following is an ethical issue in digital business?

a)

Data Breaches

b)

AI Bias

c)

Ransomware

d)

Phishing