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BM - 1st Semester Flashcards | StudBud

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BM - 1st Semester

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Questions 11

Answers

1
Which of the following is considered an internal stakeholder in an organization?
Customers
Government agencies
Shareholders
Suppliers
2
What is the definition of stakeholders?
An external party that provides services to the company
A person or group that has no interest in the company's activities
A person who only invests money without being involved in any decision
An individual or group that is affected by a company's actions
3
What are the 4 Key Concepts of Business Management?
Change, Ethics, Passion and Entreperneuship
Ethics, Vision, Change and Environment
Marketing, HR, Finances and Operations
Ethics, Creativity, Change and Sustainability
4
What are the 4 functional areas of Business Management?
People, Planet and Profit
Marketing, HR, Finances and Operations
Marketing, Planning, Strategy and Growth
Stakeholders, Mission, Vision and Ethics
5
The Triple Bottom line is associated with:
HR, Operations, Marketing and Finances
People, Planet and Profit
Creativity, Change, Planning and SWOT Analysis
Market Share, Market Growth and Creativity
6
Which of the following is an example of an external stakeholder?
Shareholders
Employees
Managers
Suppliers
7
SWOT Analysis evaluates internal aspects of an organization
False
True
8
The line 2 represents
Fixed Costs
Total Revenue
Total Variable Costs
Total Costs
9
The 4 P's of the Marketing Mix for product-focused businesses are:
Product, Place, Promotion and Price
Product, Place, Promotion and Palmeiras
Production, Process, People and Promotion
Production, Planning, Promotion and Product
10
The line 3 represents
Total Costs
Total Revenue
Fixed Costs
Total Variable Costs
11
The line 1 represents
Total Revenue
Total Costs
Revenue per unit
Price