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Grade 9 IGCSE Business Final Review Flashcards | StudBud
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Grade 9 IGCSE Business Final Review
Grade 9 IGCSE Business Final Review
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StudBud Administration
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Student made questions for the first 3 sections of the book
Flashcards
84 cards
F
Practice quiz
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Host live
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Questions
84
Answers
1
What is an advantage of delegation for the manager?
A & C
Managers are more likely to make mistakes
The work becomes more interesting
Managers can measure the success of their staff more easily
2
What is not part of the marketing department?
Promotion
Distribution
Sales
Trade unions
3
Can blue-ray discs be considered a form of advertising?
Yes
Do they swim in the sea?
What is blue-ray?
No
4
Expense accounts are not fringe benefits
False
True
5
How many hours does a part-time worker work per week?
1-30 hours
1-25 hours
1-35 hours
1-20 hours
6
How many steps are there in the recruitment process?
10
8
678800
6
7
What is not a problem when entering new market?
The amount of chickens in Spain
Exchange rate changes
Lack of knowledge
Lowered trade barriers
8
The primary sector uses:
Natural resources
Clouds
Artificial products
Chemical products
9
What are consumer protection laws?
Laws to sue for no reason
Laws to protect the business from consumers
Laws that protect customers
10
Which of these is NOT one of the aims of promotion?
Compete with competitors
Increase sales
Collect customer information
Inform people of an issue
11
Which one is the disadvantage of a niche market?
Small market
Customizable
The products are standardized
Less competition
12
What is qualitative information?
None of the above
Opinions/judgements
Answers about quality
Information relating to the quantity of something
13
What is market share?
% of total sales that is held by 1 business in the market
Identifying and meeting needs of customers
Willingness of customers to buy a companies products
14
What is span of control?
the number of subordinates working directly above a manager
the number of subordinates working in igloos with forks
the number of subordinates working directly on top a manager
the number of subordinates working directly below a manager
15
What is internal communication?
Both answers are correct
Between members of the same organisation
Between 2 or more different organizations
16
How many types of primary market research are there?
2
5
3
4
17
A closed shops is when all employees must not be members of a trade union.
True
False
18
The advantage of PLCs:
Limited Liability
Selling shares to the public is cheap
Not a lot of paperwork
Easy to manage
19
Which of these is NOT a disadvantage of advertising using Internet?
Internet searches may not highlight the website
Internet access is limited in some countries
Security issues may discourage customers when buying online
Not a lot of customers
20
If a business just got started which business object should it have?
Profit
Growth
Survival
Market share
21
What is a term used to describe all the activities which go into marketing a product/service ?
Consumer services
Marketing
Kitty cat services
Marketing mix
22
Who are the authors of the three types of motivational theories?
F.W Taylor, Herzberg and Maslow
S.W Taylor, Maslow and Harry
F.W Taylor, Charles and Maslow
Dr. Suess, J.K. Rowling & George R. R. Martin
23
How are Public sector businesses different from Private sector businesses?
Private sector doesnt have competitors but Public does
You cant sell shares to anyone in a public sector business
One is owned by the government and one is owned by people
One has limited liability and one has unlimited liability
24
Which method is not a pricing strategy?
Increasing profit
Raising customer awareness
Breaking into a new market
Increasing market share
25
Is increasing profit one way to increase return to shareholder?
No
Yes
26
A person who organizes, operates and takes risks for a new business venture
Todd
Shareholder
Entrepreneur
Sole Trader
27
What is not a correct definition ?
Consumer goods: goods that are used by people
Producer goods: goods that are make for business to use
Consumer services: services created to help another business
28
What is not an advantage of packaging?
Charges the product
Protection
Eye-catching
Easy Transport
29
What is one way to increase the size of a business?
Water the business
Takeover
Stretch it with your hands
Takeunder
30
Which one isn’t a business objective?
Market share
Profit
Growth
Price
31
How many types of distribution intermediaries are there?
4
1
2
3
32
Which factor affects the accuracy of the research data?
All of the above
The person who carried out the research
The sample that was selected
Bias
33
How many roles of management are there?
5
3
4
6
34
Which of these isn’t the aim of social enterprise?
To give back to the community
To provide jobs & support disadvantaged groups in society
To protect the environment
To make large amounts of profit
35
product life cycle describes the stages from a product's introduction to its decline
True
False
36
What will a business lack without clear and effective management?
Co-oridnation between departments
A sense of control and direction
Control of employees
All of the above
37
What is the fourth step of the recruitment process?
Job analysis
Job application
Job specification
Job description
38
One-way communication is communication that comes with a reply
False
True
39
How many types of sales promotion are there?
7
9
8
6
40
What is not a factor in marketing strategy?
Size of market
Number of products
Number of competitors
Size of the product
41
How many styles of leadership are there in the book?
3
4
1
2
42
What is not an advantage of distribution channel 1 ?
Products can be sold via the internet
Producers sells large quantities to retailers
Manufacturers sell their products directly to the consumer
There is a lower price if sold direct to customer
43
The public sector is owned by:
Cats and dogs
The government
No one
People (individuals and groups)
44
Retailers focus on:
Consumers
Buyers
Agents
Intermediaries
45
What does "on-the-job" refer to?
A type of training
A type of recruitment
A type of production
A type of advertisement
46
Which is not an advantages in the mass market?
Large amount of sales
High costs of advertising
Growth opportunities
Risks are spread
47
Why do people work?
To make money
Because of job satisfaction
A & C
Because their parents want them to
48
"Introducing a new process or type of equipment" is a purpose of training.
False
True
49
The private sector is owned by:
No one
People (individuals and groups)
Cats and dogs
The government
50
Which of these doesn't exist in the 4Ps of marketing?
Product
Producer
Price
Promotion
51
What is limited liability?
The owner is responsible for all the debt in the company
The person is only responsible for the money they invest
Each person is liable for 25% of the debt
None of the above
52
The customer can sue the company if the product is lighter than the description
True
False
53
What are salaries?
Getting paid hourly
Getting paid monthly
Getting paid weekly
Getting paid with salad
54
Do working conditions have an effect on job satisfaction?
Yes
Only on Thursday afternoon
No
Chickens?
55
Why is it important to have good managers?
To decrease motivation
To increase profitability
To increase costs
All of the above
56
What is meant by democratic leadership?
All of the above
Gets other employees involved in the decision-making process
Makes the broad objectives of the known to employees
The manager tells the workers what to do, no questions asked
57
Feedback confirms that the message was received
True
False
58
Which one is not a market segment
Gender
Age
Research
Location
59
What is the maturity stage of the product lifecycle?
When sales increase slowly because of competition
When sales start to grow rapidly because of brand loyalty
When sales are at their highest point but cannot increase
When sales start 2 decline b/c of new products in the market
60
Which are costs of starting to sell new products?
Selling products in the wrong market
Market Research
Testing the products
Losing brand image if the product fails to meet needs/wants
61
What does the secondary sector do?
Produce products from raw materials
Help the primary sector businesses
Help poor people for free
Provide services
62
Which of these is a disadvantage of advertising on social networking sites?
Reaches groups that are difficult to reach
Customers may find them annoying
Cheap
Guarantees customers will see it
63
Will you pass the exam?
Maybe?
Yes!
I hope so!!!
I'm dead :(
64
How can business size be measured?
The value of sales
With a ruler
The value of chickens a business has
By looking at the size of the buildings
65
Why do workers join a trade union?
Improved conditions of employment
Strength in numbers
All of the above
Improved environments where people work
66
What does USP stand for?
Unicorns steal popcorn
Unusual selling point
Unique selling point
Uncle Sam's pencil
67
Which are unincorporated businesses?
PLC & LTD
Franchise & PLC
Sole trader & Partnership
Partnership & LTD
68
What are characteristics of a successful entrepreneur?
Stubborn
Risk Taker
Malicious
Creative
69
How can business get in trouble?
Giving a false product description
Selling products for a high price
Giving out information about the products
Banning a product
70
Which method is the easiest to apply?
Cost-plus
Promotional
Penetration
Competitive
71
What is formal communication?
Communication that uses business language
Communication that use slang terms
Communication that uses alien language
Communication that uses ducks and squirrels
72
Does de-layering remove a whole level of management?
Yes
Only in October
No
73
Which one is not a market segment?
Age
Gender
Lifestyle
Eye color
74
What is an example of written communication?
Business letter
Advertisement
Meeting
Presentation
75
Why would a business choose promotional pricing?
Because its easy to apply
To get rid of unsold stock
To enter a new market
so the brand can become known for its high-quality
76
What is the definition of price elasticity of demand?
Measuring how many rubber bands customers want.
Measure of sales when there's a change in price.
Measure of responsiveness of demand to a change in price.
Measure of outputs when there's a price change.
77
What is a stakeholder?
A person that is affected by the decisions made by the biz
People that aren't affected by a businesses decisions
A person that kills vampires
A person that holds a steak
78
Which sector would a car showroom be part of?
Primary
Tertiary
Secondary
Donald Trump
79
What is not a kind of internal source for secondary research?
Customer service department
Finance department
Records/reports
Trade associations
80
Which method is used to maintain market share?
Price skimming
Penetration pricing
Competitive pricing
Psychological pricing
81
Why does a business owner want their business to grow?
Just for fun
To make their business taller
To increase their profit
To increase the amount of taxes they pay
82
What is not a type of observation
Recording
Audits
Focus groups
Watching
83
What is the objective of distribution?
Products are available in the right place, at the right time
Making sure wholesalers have a job
Giving customers services at their homes
Products are available in the right place, at the wrong time
84
A sole trader is:
A person that doesn't have a boss
All of the above
A person that owns a business by themselves
A person that gets to keep all of the profit for themselves
