Economic Responsibility Quiz

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7 Questions

Which market segment includes businesses that buy materials, equipment, and other products needed to operate and fulfill their own customer demands?

Business Markets

What is the difference between a Consumer Market and a Reseller Market?

Consumer Market refers to individual customers while Reseller Market refers to businesses

What are Government Markets?

The buying of products and services by government agencies for internal usage and operation

What is the purpose of engaging in Global Markets?

To expand a company's reach and access to new customers, suppliers, and opportunities

What are Institutional Markets?

Organizations that purchase products and services for their own use or to offer to their members or recipients

Which organizations are included in the Institutional Market?

Organizations that purchase products and services for their own use or to offer to their members or recipients

What products and services do Institutional Markets purchase?

Products and services required to perform their daily functions

Test your knowledge on Economic Responsibility with this quiz! Learn about the various actions companies take to ensure they make a profit while still being socially and environmentally responsible. This quiz will cover topics such as fair wages, supporting local businesses, and promoting economic growth. Challenge yourself and see how much you know about this important aspect of CSR.

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