Test: Entrepreneurship, Economics, Operations

Test: Entrepreneurship, Economics, Operations

12th Grade

33 Qs

quiz-placeholder

Similar activities

Pengajian Perniagaan Bab 2

Pengajian Perniagaan Bab 2

12th Grade

30 Qs

Consumer and producer Surplus

Consumer and producer Surplus

11th - 12th Grade

35 Qs

untitled

untitled

2nd Grade - University

35 Qs

kisi-kisi

kisi-kisi

12th Grade

33 Qs

BO Affiliate Marketing

BO Affiliate Marketing

12th Grade

30 Qs

Economics Supply and Demand

Economics Supply and Demand

8th Grade - University

31 Qs

UNIT 1 AND 2 STUDY GUIDE PART 1

UNIT 1 AND 2 STUDY GUIDE PART 1

12th Grade

33 Qs

OTK KEPEGAWAIAN KELAS XI

OTK KEPEGAWAIAN KELAS XI

12th Grade

30 Qs

Test: Entrepreneurship, Economics, Operations

Test: Entrepreneurship, Economics, Operations

Assessment

Quiz

Business

12th Grade

Medium

Created by

DAYLA M OWNBY

Used 2+ times

FREE Resource

33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is the management of the production conversion process for both goods and services.
A. Total quality control
B. Manufacturing
C. Operations management
D. Specialization
E. Functional management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is the combining of natural resources, human resources, and capital to produce goods and services.
A. Production
B. Marketing
C. Specialization
D. Utilization
E. Mechanization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to manufacture many goods at once is called _____ production.
A. general
B. mass
C. centralized
D. open
E. aggregated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is the set of moral standards for judging whether something is right or wrong.
A. Ethics
B. Social responsibility
C. The marketing concept
D. Consumerism
E. Legality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In perfect competition, there is:
A. only one producer
B. a large number of buyers and few sellers
C. no relationship between supply and demand
D. a large number of sellers producing nearly identical products
E. a large number of buyers who demand low prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a single firm accounts for 100 percent of industry sales, it is an example of:
A. an oligopoly
B. a pure monopoly
C. monopolistic competition
D. imperfect competition
E. monopolistic socialism

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market in which there are a large number of firms that differentiate their products is called:
A. perfect competition
B. oligopolistic competition
C. monopolistic competition
D. an oligopoly
E. an imperfect monopoly

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?