Business Quiz

A Quiz Business Bear
Question 1
5 out of 5 points

To be successful entrepreneurs must be comfortable risking their money and _____ to start and manage a business.
Answer

Selected Answer: time
Correct Answer: time

Question 2
0 out of 5 points

_____ boomed as mass production took hold during the Industrial Revolution.
Answer

Selected Answer: Skilled artisan workshops
Correct Answer: Factory production

Question 3
5 out of 5 points

It was during this era that many businesses began to dominate their markets, forcing out competitors, manipulating prices, and exploiting workers leading the government to pass laws regulating business.
Answer

Selected Answer: Entrepreneurship Era
Correct Answer: Entrepreneurship Era

Question 4
0 out of 5 points

In order to effectively compete many companies have taken proactive steps to hire and nurture people from broad range of backgrounds. This is an example of which business environment?
Answer

Selected Answer: competitive
Correct Answer: social

Question 5
5 out of 5 points

The hard sell or aggressive persuasion designed to separate consumers from their cash emerged during the _____
Answer

Selected Answer: production era
Correct Answer: production era

Question 6
0 out of 5 points

The relationship era introduced the idea:
Answer

Selected Answer: of the marketing concept.
Correct Answer: that cultivating current customers is more profitable than constantly seeking new ones.

Question 7
5 out of 5 points

During the marketing era consumers found:
Answer

Selected Answer: more choices for goods and services.
Correct Answer: more choices for goods and services.

Question 8
5 out of 5 points

Which of the following is not considered a natural