IB Business Paper 1 Terminology Quiz

What are bamboo plates and cutlery?

• Disposable items made from plastic

• Environmentally-friendly alternatives to traditional plastic or paper

• Metal utensils coated with bamboo fibers

• Decorative items made from bamboo wood

What is the COVID-19 pandemic?

• A global economic recession

• A resurgence of the common flu virus

• A worldwide outbreak of a novel coronavirus disease

• A seasonal epidemic restricted to specific regions

What is a credit card?

• A form of prepaid debit card

• A type of charge card linked to a bank account

• A plastic card allowing users to borrow money for purchases

• A loyalty card offering discounts at select stores

Who is a freelancer?

• An employee working under a fixed-term contract

• A self-employed individual providing services on a project basis

• A temporary worker hired by multiple companies simultaneously

• A part-time employee without a long-term commitment

What is greenwashing?

• A method of eco-friendly painting techniques

• Misleading consumers by falsely claiming to be environmentally responsible

• A process of recycling green-colored waste materials

• A marketing campaign promoting the benefits of renewable energy

What does the term "interest rate" refer to?

• The percentage of profits a company earns annually

• The price of borrowing money or the return on investment

• The rate at which stocks are traded on the market

• The amount of tax levied on financial transactions

What is a landfill site?

• A designated area for wildlife conservation

• A location for extracting underground resources like oil or gas

• A facility for storing hazardous waste materials

• A site for the disposal of solid waste in the ground

What is a line manager?

• An executive overseeing the company's financial operations

• A supervisor responsible for managing a specific department or team

• A consultant hired to improve organizational efficiency

• A technician maintaining the company's IT infrastructure

What is a music concert?

• A gathering of music enthusiasts to discuss industry trends

• A live performance of musical compositions by trained musicians

• A competition where artists showcase their vocal abilities

• A workshop on music theory and composition techniques

What is a music genre?

• A type of musical instrument

• A category that classifies music based on shared characteristics

• A music notation system used by composers

• A recording studio specializing in music production