Principles Of Business: Trivia Quiz On Marketing, And Finance!
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Self-awareness can help you in many areas of your life.
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True
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False
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This trivia quiz explores key concepts in marketing and finance, assessing knowledge on product features, values, and actionable goals. It's designed to enhance self-awareness and strategic thinking in business environments, making it ideal for students and professionals alike.
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- 2.
Define accomplishment
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Something that has been told to you by another student.
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Something that has been successfully completed.
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Something to eat.
Correct Answer
A. Something that has been successfully completed.Explanation
The correct answer is "Something that has been successfully completed." This is because an accomplishment refers to a task or goal that has been achieved or completed successfully. It is not related to something that has been told by another student or something to eat.Rate this question:
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- 3.
Features are the characteristics of a product or service.
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True
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False
Correct Answer
A. TrueExplanation
Features are indeed the characteristics of a product or service. They are the specific attributes or qualities that distinguish a product or service from others in the market. Features can include physical aspects, functionality, performance, design, and other unique qualities that make the product or service stand out. Therefore, the statement "Features are the characteristics of a product or service" is true.Rate this question:
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- 4.
Define Benefit Selling
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When a marketer promotes products considering the needs and wants of a relative.
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When a marketer promotes products considering the needs and wants of a friend.
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When a marketer promotes products considering the needs and wants of customer.
Correct Answer
A. When a marketer promotes products considering the needs and wants of customer.Explanation
Benefit selling refers to a marketing strategy where a marketer promotes products by focusing on the needs and wants of the customer. This approach involves understanding the customer's preferences, desires, and problems, and then highlighting the benefits of the product that can address those needs and wants. By doing so, the marketer aims to create value for the customer and convince them that the product will provide them with the desired benefits and solve their problems. This customer-centric approach is essential for effective marketing and building long-term relationships with customers.Rate this question:
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- 5.
Define Extravert
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Someone who enjoys being in large groups.
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Someone who enjoys being in the family.
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Someone who enjoys being .
Correct Answer
A. Someone who enjoys being in large groups.Explanation
An extravert is someone who enjoys being in large groups. This means that they thrive in social situations and gain energy from being around other people. They are typically outgoing, talkative, and enjoy engaging with others. Being in large groups provides them with stimulation and opportunities to interact, which they find enjoyable and energizing.Rate this question:
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- 6.
An extravert might consider a career as newcaster?
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True
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False
Correct Answer
A. TrueExplanation
Extraverts are typically outgoing and social individuals who enjoy being in the spotlight and interacting with others. A career as a newscaster involves being in front of a camera, reporting news stories, and engaging with a large audience. This type of career would likely appeal to an extravert as it allows them to showcase their communication skills and thrive in a public setting. Therefore, it is reasonable to suggest that an extravert might consider a career as a newscaster.Rate this question:
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- 7.
ABC goals are
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Actionable, Bounded, and Compelling
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Acting, Bonded, and Compelling
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Actionable, Bounded, and Convincing
Correct Answer
A. Actionable, Bounded, and CompellingExplanation
The correct answer is "Actionable, Bounded, and Compelling." This means that ABC goals should be practical and achievable (Actionable), clearly defined and specific (Bounded), and motivating and inspiring (Compelling). These three qualities are important for setting effective goals that can be successfully pursued and accomplished.Rate this question:
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- 8.
Define Features
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Characteristics of a product
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Characteristics of social setting
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Characteristics of personality traits
Correct Answer
A. Characteristics of a productExplanation
This answer is correct because when we define features, we are referring to the characteristics or qualities of a product. Features describe the specific attributes, functionalities, or capabilities that a product possesses. They help to differentiate the product from others in the market and provide value to the customers.Rate this question:
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- 9.
Someone who is energized by themselves
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Introvert
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Thinker
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Judger
Correct Answer
A. IntrovertExplanation
The correct answer is "Introvert". An introvert is someone who tends to be energized by spending time alone and may find social interactions draining. They often prefer quiet and solitude to recharge their energy. This is in contrast to extroverts who gain energy from being around others and thrive in social situations. Therefore, someone who is energized by themselves is likely to be an introvert.Rate this question:
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- 10.
Goals differ from wishes because
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Goals can be hoped for and wishes are worked hard for.
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Goals are desired that can be acted upon.
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Wishes are desires that can be acted upon.
Correct Answer
A. Goals are desired that can be acted upon.Explanation
This answer explains that goals are desired outcomes that can be actively pursued and acted upon, while wishes are also desires but may not necessarily involve active effort or action. Goals imply a sense of intention and purpose, whereas wishes may be more passive or reliant on chance.Rate this question:
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- 11.
Two important steps for individuals self-awareness are...
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Terminal and Instrumental Values
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Personality Traits and Identifying interests
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Job-related Skills and Skills Assessment
Correct Answer
A. Personality Traits and Identifying interestsExplanation
Personality traits and identifying interests are important steps for individuals to develop self-awareness. Personality traits encompass the unique characteristics and behaviors that define an individual's personality, such as introversion or extroversion, openness, conscientiousness, and emotional stability. Identifying interests involves recognizing and understanding one's passions, hobbies, and areas of curiosity. By exploring their personality traits and interests, individuals can gain a deeper understanding of themselves, their strengths, and their motivations, which can guide their personal and professional development.Rate this question:
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- 12.
Foundation skills include
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Writing skills, Thinking skills, and Math skills
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Basic Skills, Thinking Skills, and Personal Qualities
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Individual Responsibility, Self-Esteem, and Reading
Correct Answer
A. Basic Skills, Thinking Skills, and Personal QualitiesExplanation
Foundation skills are the fundamental abilities and qualities that form the basis for further learning and development. Basic skills, such as reading, writing, and math, are essential for communication and problem-solving. Thinking skills involve critical thinking, creativity, and problem-solving abilities, which are crucial for analyzing information and making informed decisions. Personal qualities, such as individual responsibility and self-esteem, are important for personal growth, motivation, and success in various aspects of life. Therefore, the answer choice "Basic Skills, Thinking Skills, and Personal Qualities" accurately represents the different components of foundation skills.Rate this question:
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- 13.
Which one of these steps does not help you to set goals?
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Do not consider possible roadblocks
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Determine your ABC goals
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Do it
Correct Answer
A. Do not consider possible roadblocksExplanation
Considering possible roadblocks is an important step in setting goals because it helps to identify potential obstacles and challenges that may arise along the way. By acknowledging and addressing these roadblocks in advance, one can develop strategies to overcome them and increase the chances of achieving the set goals. Therefore, not considering possible roadblocks would hinder the goal-setting process and make it more difficult to achieve desired outcomes.Rate this question:
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- 14.
Job-Related Skills are
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Skills that are effective workers possess and most employers desire
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Accomplishments
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Skills that are specific to a position, occupation, or industry
Correct Answer
A. Skills that are specific to a position, occupation, or industryExplanation
The correct answer is "Skills that are specific to a position, occupation, or industry." This means that job-related skills are the specific skills that are required for a particular job or industry. These skills are not generic but rather tailored to the specific tasks and responsibilities of the position. Employers value these skills as they directly contribute to the effectiveness and success of workers in their respective roles.Rate this question:
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- 15.
Values can be terminal, meaning they are an end in themselves.
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True
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False
Correct Answer
A. TrueExplanation
Values can be terminal, meaning they are an end in themselves. This means that certain values are pursued for their own sake, rather than as a means to achieve something else. Terminal values are the ultimate goals or ideals that individuals strive for, such as happiness, love, or personal fulfillment. They represent the desired end states that provide intrinsic motivation and guide behavior. Therefore, the statement "Values can be terminal, meaning they are an end in themselves" is true.Rate this question:
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- 16.
Actionable goals are goals that can be measured?
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True
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False
Correct Answer
A. FalseExplanation
Actionable goals are goals that can be measured, meaning they are specific, concrete, and have clear criteria for success. However, the given answer is False, suggesting that actionable goals are not necessarily measurable. This implies that while measurable goals can be actionable, not all actionable goals have to be measurable.Rate this question:
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- 17.
Intuition-sensing is not a personality type.
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True
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False
Correct Answer
A. FalseExplanation
The statement implies that intuition-sensing is not a personality type, suggesting that it does exist as a personality type. Therefore, the correct answer is False.Rate this question:
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- 18.
Which one is not a step in helping you self-improve?
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Recognize and define the characteristics to be changed
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Establis a strategy for this change
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Determine your ABC goals
Correct Answer
A. Determine your ABC goals -
- 19.
Workplace competencies include
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Features, benefits, and ABC goals
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Information, Interpersonal skills, and technology
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Basic skills, job-related skills, and skills assessment
Correct Answer
A. Features, benefits, and ABC goalsExplanation
Workplace competencies refer to the skills and abilities that an individual possesses to effectively perform their job. Features, benefits, and ABC goals are all examples of workplace competencies. Features refer to the distinctive characteristics or qualities of a product or service, benefits are the advantages or positive outcomes that result from using a product or service, and ABC goals represent the specific targets or objectives that an individual or organization aims to achieve. These competencies are important in the workplace as they contribute to the overall success and productivity of an individual or organization.Rate this question:
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- 20.
Define Skill
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Bringing all your supplies and abilities to class on Monday's of every week.
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Proficiency or ability
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Not your proficiency or abilities
Correct Answer
A. Not your proficiency or abilitiesExplanation
The given correct answer states that the definition of skill is "not your proficiency or abilities." This suggests that skill refers to something other than one's personal proficiency or abilities. It implies that skill encompasses more than just individual talents or capabilities, and may involve factors such as resources, preparation, or external factors that contribute to the successful execution of a task or activity.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Jul 22, 2024Quiz Edited by
ProProfs Editorial Team -
Jun 08, 2011Quiz Created by
Estone2011
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