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All themes quiz
All themes quiz
50 terms
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StudBud Administration
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84 plays
Business
Flashcards
50 cards
F
Practice quiz
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Host live
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Questions
50
Answers
1
Which one of these is NOT a current asset?
Cash
Stock
Land
Debtors
2
Which is the odd one out?
Cash cow
Star
Dog
Moon
3
The point at which total revenue and total costs are the same...
Break even point
Profit maximisation
Contribution
Margin of safety
4
Where the workforce can adapt to changes in demand
Homeworking
Job sharing
Quality control
Flexible working
5
A leadership style where decisions are taken by the leader and then explained to staff.
Autocratic
Monolistic
Laissez-faire
Paternalistic
6
Which of these in an emerging economy?
UK
Spain
Germany
Brasil
7
What does HDI consist of?
Literacy, numeracy, imports %
Amount of businesses located within the country
Amount of Exports, Infrastructure, Security
Life Expectancy, Literacy, Standards of Living
8
What does JIT stand for?
Just in Time
Just inside there
Just in timberlake
John is terrible
9
Final profit after accounting for all costs is
Net profit
Operating profit
Capital employed
Gross profit
10
What is FDI?
Investment into the host's infrastructure
Relocating the business into a different country
The removal of all barriers to entry
Movement of labour outside of a country
11
Which of these is one of Herzberg's Hygiene factors?
Job enrichment
Working conditions
Job enlargement
Delegation
12
Which one of these is NOT a fixed asset?
Land
Cash
Machinery
Buildings
13
The financial statement which shows how much a company has made or lost over a period of time is:
Balance sheet
Budget
Cash flow forecast
Profit and loss account
14
Investment of £100,000. £40,000 return per year. Payback?
Nissan
Kia
Volkswagen
Ford
15
Where a large number of individuals invest in a business or project on the internet is...
Overdraft
Crowdfunding
Debenture
Peer lending
16
A business with bases in several different countries
NMC
International
Multinational
National
17
What is HDI?
Human disaster indicator
Human development indicator
Human disadvantaged interest
Human development interest
18
A collaborative partnership between 2 or more companies
Globalisation
Acquisition
Merger
Joint venture
19
Cost plus pricing is when....
You include some extras in with the deal
You reduce the price to attract customers
You calculate a mark up on the unit cost
You sell the product for what it cost you to buy
20
A disadvantage to protectionism is ......
Unemployment in the domestic market
Increased corporation tax
High Import Prices
Protects Newly Established Businesses
21
The T of PESTLE
Trade
Transglobal
Timely
Technological
22
What is it called when a business moves one or more of its business processes abroad?
Market mapping
Off-shoring
Crowdfunding
Merging
23
Which ratio shows how much profit is earned after taking away all costs?
Gearing
ROCE
Gross profit margin
Net profit margin
24
This is the proportion of total market sales that a firm has
Market share
Labour share
Sales share
Market size
25
The total amount of capital used by a business is called
Capital employed
Current asset
Current liability
Working capital
26
What does the S in BRICS stand for?
South Africa
Saudi Arabia
South America
Spain
27
The price of one currency in terms of another
Exchange rate
Interest rate
28
A legal status which means that business owners are liable for all business debts.
Unlimited liability
Limited liability
29
Which of the following is NOT part of the design mix?
Function
Price
Aesthetics
Cost
30
Types of cultures - which is the odd one out?
Task
Power
person
Function
31
Which one of these is most likely to be a long-term liability?
Bank loan
Bank overdraft
Creditors (e.g. supplier)
Shareholders dividends
32
Passing decision making authority down the organisation structure to regional shops
Chain of command
Decentralisation
Span of control
Centralisation
33
Australia is famous for .................
Tin and gold mining
Fosters lager
Kangaroos
The Outback
34
Delayering may improve employee motivation because...
Workload usually increases
There is a period of transition
There are more opportunities for promotion
Greater independence can make workers feel empowered
35
People who owe the business money are known as
Creditors
Debtors
Customers
Employees
36
The money available for the day-to-day running of a business is called
Working capital
Gearing
Capital employed
Current liability
37
Which is the riskiest of Ansoff's strategies
Product development
Market penetration
Market development
Diversification
38
Using a logo, name or identity in order to differentiate a product or service from rivals
Market share
Image rights
Branding
Advertising
39
Which ratio shows if a business has enough
liquid
assets to pay its short-term debts
Gearing ratio
Acid test
Current ratio
ROCE
40
Profit after tax which is "ploughed back" into the business is...
Venture capital
Retained profit
Working capital
Capital revenue
41
Tariffs make sales higher on imported goods
True
False
42
Profit after deducting the cost of sales is known as
Gross profit
Net profit
Operating profit
Working capital
43
A .............. market is one with the potential to rapidly change often due to new technology
Fast-moving
Merging
Dynamic
Global
44
What is it called when a trade bloc allows the free movement of trade and citizens?
Free travel
Customs union
Single market
Open movement
45
Which ratio shows how much capital comes from debts compared to shareholders funds?
ROCE
Gearing ratio
Current ratio
Acid test
46
What is the tax called that businesses pay on their profits?
Profit Tax
Income tax
Value Added Tax
Corporation Tax
47
Another word for on-line business
E-trade
E-business
Internet shopping
E-Commerce
48
A free trade area where there are no tariffs, quotas or other forms of protectionism.
Trade bloc
A joint venture
A subsidy
A free market
49
The financial statement which shows a company's assets, liabilities, and shareholders' equity:
Balance sheet
Profit and loss account
50
Where a business buys and sells products in a different (new) country
Home market
Cost leadership
Global market
Differentiation
