Intro to Business Review

Intro to Business Review

8th - 10th Grade

72 Qs

quiz-placeholder

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Intro to Business Review

Intro to Business Review

Assessment

Quiz

Other

8th - 10th Grade

Medium

Created by

Michael Mertz

Used 258+ times

FREE Resource

72 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses emphasize customer service, product features, & brand reputation when involved in non-price competition.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

U.S. govt. serves as regulator; protecting consumers, workers, investors, & the environment.
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales and rebates are examples of what strategy?
Price Competition
Low Fares
Competitive Edge
Roll Backs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Competition forces businesses to produce poor-quality products at low prices.
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When Mia's bakery produces more cupcakes than the local demand, she usually lowers their price.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ethics are guidelines for good behavior.
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the struggle between companies for customers?
Profit
Promotion
Surplus
Competition

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