The Bloom Project Review Quiz

What does ROI stand for in business?

• Return on Investment

• Rate of Inflation

• Right of Interest

• Regional Online Investment

Who is someone who starts and runs their own business?

• Employee

• Entrepreneur

• Executive Manager

• Economist

What type of business is owned and operated by a single person?

• Corporation

• Partnership

• Sole proprietorship

• Service business

What do we call the money borrowed to start or grow a business?

• Savings

• Borrowed capital

• Pocket money

• Petty cash

What is marketing?

• Selling products and services

• Promoting products and services

• Managing finances

• Maintaining customer relationsihps

What does CEO stand for?

• Customer Experience Officer?

• Customer Engagement Officer

• Chief Experience Officer

• Chief Executive Officer

Why do business advertise?

• To increase employee morale

• To comply with government regulations

• To reduce production costs

• To generate revenue through product sales

What is an economy where supply and demand determine prices?

• Planned economy

• Market economy

• Command economy

• Mixed economy

What is a consumer?

• A person who owns a business

• A person who invests in stocks and bonds

• A person who saves money

• A person who purchases goods and services

What is the stock market?

• A place to buy and sell real estate

• A place to buy and sell cars

• A place to buy and sell groceries

• A place to buy and sell company ownership