BEP2O Functions of a Business Review (2025)

The two Cs of marketing are:

Making specific people or groups feel uncomfortable because of race, religion, or gender is:

The factor of production that organizes the other factors is known as?

A Laissez-Faire leadership style is:

______ is the study of obvious characteristics that categorize human beings.

Purchasing decisions are made in which stage of the production process?

Publicity is _____________ by the company.

Investment refers to a company’s finished and unfinished products that have yet to be sold.

The direct connection between buyers and sellers is called:

Which of the following is not a responsibility of human resources management?

Which of the following is NOT a leadership style?

Labour required for a job that needs some instruction is known as:

The action of removing impurities or unwanted elements during the production process.

Most small businesses have their own purchasing department.

Paid training during the first few days on the job is known as which type of training?

Promotion for a new product should focus on:

Training that helps workers upgrade their skills is referred to as:

Each market can also be divided into:

"Product" includes:

An example of a quality control company is _______________

A _______ is a word (or group of words) that distinguishes a business from competitors.

Refining is used by _______________.

The percentage of the market that a company or brand has is called its:

Denying a qualified individual a job because of religion, gender or physical disability is:

The competitive market is the sum of all the sellers of a specific product.

Employee turnover is defined as:

Hiring, promoting and assigning the most qualified person for a position is a right of an:

Money invested in a business is called:

An example of a non-traditional product life-cycle includes:

What is the first stage of production?

Minimum wages and hours of work are rights of an:

Which of the following are important things to consider when hiring a new employee?

A mixer used to make batter for cupcakes would be consider a supply not an ingredient.

Marketing does NOT include:

Demographics does NOT include:

Productivity refers to ______________________

Advertising's final aim is to:

Grading is:

Highly trained people in specific occupations are classified as this type of labour.

This is where employers and employees meet.

________ is the processing step used to convert a raw material into a semi-finished good.

What type of labour positions require training from an educational institution or experience?

Converting one thing into another is known as:

Which of the following would be ingredients necessary to make chocolate chip cookies?

A __________ is a short and catchy phrase that is usually attached to a company’s name and logo.

This includes skills such as positive attitudes/behaviours and responsibility.

An example of goods that are often graded is ___________________.

When a new procedure/system is introduced in a business, employees require?

Which of the following is NOT a function of management?

Some pricing strategies can include:

Before a business can produce a product, it must first purchase raw materials.

Which of the following is NOT a step in the production process?

An employee health and safety right includes the right to:

Businesses can invest in capital and new technology to help improve productivity.

Making predictions about the jobs that will be popular in the future is referred to as:

Capital as a factor of production refers to:

Which of the following is NOT a factor of production?

Which of the following is not a way for a company to increase productivity?

Which department coordinates all activities relating to employees?

Effective marketing should decrease brand equity.

Which of the following is a right of an employee?

The rate at which employees voluntary leave a company is known as:

________ is based on a percentage of total sales.

Raw materials that do not become part of a new product are classified as:

Grading refers to converting raw materials into finished or semi-finished products.

When the buyer is connected directly to the business providing the product, this is:

Which of the following is not a natural resource?

The raw materials that are used in the production process and become part of a final product are called:

The Product Life Cycle is best described by:

This includes skills such as communicating, thinking and learning.

Ensuring that a product that a company makes meets certain standards is known as:

Which of the following does NOT improve productivity?

After the performance appraisal, this allows an employer & employee to come up with a plan to address job difficulties.

_________ is the process when a product is tested to ensure that it meets certain standards.

A new employee is introduced to the business’s policies through:

Which stage of the production process is not applicable to most products?

Competition between products and services that are not directly related to one another is:

Which of the following is NOT a stage of the product life cycle?

First consumers who buy a product are known as:

"Place" is also known as:

Channels of distribution include:

Employees that are paid a fixed amount earn (a):

Final compensation paid to a laid-off or terminated employee is known as:

Setting employment terms and conditions is the right of an:

Which of the following is NOT one of the 4 Ps of marketing?

Labour required for a job that almost anyone could do because it requires little training is:

What does JIT stand for?

An autocratic leader:

Jobs that require no/little training or no/little education background is a(n) ____ job.

Extraction (if applicable) would occur during which stage of the production process?