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