Problem Solving and Market Economies
Quiz by Shanice Jackson
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
20 questions
Show answers
- Q1A formal model that helps business people solve problems in a logical mannerThe Problem Solving ProcessGathering informationIdentify various solutionsEvaluating alternatives60s
- Q2What are the 6 steps to the problem solving model?Define the Problem, Gather info, Identify Various Solutions, Evaluate alternatives and select the best option, take action, evaluate the action60s
- Q3What diagnosing a problem, it is helpful to?Write down the problem and why its a problem60s
- Q4When gathering information, relevant information can be obtained from which source?All of themSuppliersCustomersCompany records and data60s
- Q5Though most problems can be solved several ways, what do you need to do before deciding on the best solution?Identify all the possibilitiesDefine the problemGather infoTake Action60s
- Q6Evaluating alternatives and selecting the best option, requires you to look at the:Costs and benefits60s
- Q7Why are the last 2 steps in the problem solving process important?A plan without action, is pointless60s
- Q8What is brainstorming?Creative group problem solving technique that generates a large number of fresh ideas.60s
- Q9During brainstorming, who writes down all the ideas?First person with a pen and paperThe storytellerWhoeverThe moderator60s
- Q10What is Consensus-Based Decision making?An agreement among a group of people.60s
- Q11When does scarcity occur?When needs and wants are unlimited and the resources to meets those needs and wants are not unlimited.60s
- Q12What makes economies different from one another?Different allocation processes.60s
- Q13Who controls a command economy?ProducersSuppliersConsumersThe government60s
- Q14What are market economies about?Government controlPersonal choiceProducersSupply and demand60s
- Q15What must happen in order for productivity to increase?Create a new product or upgrade the current one60s