SSP Barcelona, P.4 Vocabulary Review

 By Nate Feldman

1. What does the word "conventional" most likely mean?

a) New and innovative
b) Traditional and widely accepted
c) Rare and uncommon
d) Unreliable and unpredictable

2. What does it mean to "cooperate"?

a) To compete against others
b) To work together with others
c) To ignore the needs of others
d) To act independently of others

3. Which of the following best describes something that is "diverse"?

a) Similar and uniform
b) Simple and straightforward
c) Varied and different
d) Outdated and irrelevant

4. What is meant by the term "business models"?

a) The type of products a company sells
b) The strategy a company uses to make money
c) The physical office layout of a company
d) The number of employees a company has

5. What are "profits"?

a) The total revenue a company generates
b) The costs and expenses a company incurs
c) The financial gains a company makes after costs are subtracted from revenue
d) The taxes a company has to pay to the government

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