Business Concepts Quiz

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SRGG stands for?

Corporate Social Responsibility and Good Governance

The concept that companies meet the needs of their customers and respond to market changes faster than competitors, grow faster and are more profitable than others in the industry is known as?

Time-based Competition

What are the business activities that a firm engages in to convert materials into finished products and services, sell them to customers, and gain profit?

Operations

Who simply purchases goods from manufacturers and wholesalers and markets these goods to customers?

Retailer

What set of activities create value in a business?

Operations

Test your knowledge on corporate social responsibility, good governance, crisis management, and advertising with this multiple-choice quiz. Choose the correct answer for each question and see how well you understand these important concepts in business.

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