Quiz 1: Business terms
Here’s the first in a series of business quizzes designed to test your business know-how and commercial awareness while at the same time helping you expand your business vocabulary.
Make a note of any ideas, language and resources of interest. You can also review them once you’ve completed the quiz.
Use the ‘Start’ button to get going.
Here’s the next quiz in the series: Business ideas.
Quick vocabulary review
After doing the Business terms quiz, you can review some of the vocabulary used in the questions here.
Resources
Here’s the list of resources on the business terms covered in the quiz.
- Business To Consumer – B To C
Short explanation accompanied by a video - Types of Retail Outlets
- Explaining the 4Ps & 6Ps of the Marketing Mix
A clear rundown of each of the attributes of the marketing mix - Mass Customization
Clear explanation of the theory and practice of the process - Mass Customization
Video showing real-life example of mass customization - Business To Business – B To B
Clear explanation accompanied by a short video - Customer Relationship Management
A short introduction to how companies manage their interactions with customers
