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Aice Business Quiz Flashcards | StudBud
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Aice Business Quiz
Aice Business Quiz
20 terms
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Sergio cardona Danny Becerra Pd 3
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What does a typical employment contract not contain?
Main work tasks
Employee training procedures
Employee lunch menus
Employee work responsibilities
2
What are materials and goods required to allow for the production and supplies of products?
economic order quantity
Just- in-time
lead time
Inventory (stock)
3
What are cost that vary with outpu?
Indirect costs
Direct costs
Variable costs
Fixed costs
4
What does it mean when you have negative amounts of money In your bank accoun?
Overdraft
Factoring
Hire purchase
Leasing
5
Marketing involves a number of related management functions which are... except...
Staff managers
Advertising
Market research
Packaging
6
Which of these is not a variable in the market share equation?
Firm sales in a time period
Equilibrium price
Quantity supply/demand
Total market sales in time period
7
What is not a required resources for business operations?
Land
Labor
Planning
Capitol
8
What are some important marketing concepts?
Psychographic factors
Market segmentation
Creating and adding value
Demand
9
What is the increaseing freedom of movement of goods, capital and people around the world?
Tarrifs
Free trade
Quotas
Globalisation
10
What words means attempting to increase the scopes of a job by deepening the task undertaken?
Job rotation
Workforce Audit
Job enlargement
Job redesign
11
What is the process of collecting, recording and analyzing data about costumers and the market?
Market research
Primary research
Qualitive research
12
What does USP stand for?
Unique subscribed phone
Urban set pizza
Unique selling point
Unique selling position
13
Hard work, consistence and time consuming are all examples of...
Commitment and Self-motivation
Risk taking
Capital goods
Multi skilled
14
Added value is the difference between...
Purchasing renewable and non-renewable resources in nature
Providing goods and the service in order to make a profit
Quality and quantity of the products
Raw materials and the price finished goods are sold for
15
Which of these is not an example of produnction method?
Batch production
Qualitative production
Flow production
Job production
16
What are examples of marketing-mix decisions?
Product
Place
Delegations
Price
17
What is capital needed by an entrepreneur to set up a business called?
reven expenditure
Working capital
Capital expenditure
Start up capital
18
What does S.M.A.R.T stand for?
Specific,management, attachable reachable, time consuming
Shakira, Might, attend, rinks, tonight
Specific, manageable, attainable, realistic and timely
19
What is defined as a large business with the legal right to sell shares to the general public?
Public Corporation
Public Sector
Public Limited Company
Private Limited Company
20
Which of the following is not an example of emotional intelligence?
Stress
Motivation
Social skills
Self-awareness
