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Business

10 terms·StudBud Administration·112 plays

Business class

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Questions 10

Answers

1
What is Law of Demand?
demand has no impact on price
If Demand decreases cost stay's the same
Buying and selling of goods
When price goes up demand goes down
2
When you come up with a product what are some ways to protect it?
Copy Right, Patents, youtube
Non of the above
Both of the first and second ones
Trademark your name, don't reveal too much
3
People who don't want to take risk of starting their own business will work for an employer
Equilibrium
Intraprenerurs
Entrepreneurs
E-commerce
4
How many Generic strategies are there
3
4
5
6
5
What does Smart goal stand for
Simple, Measurable, Achievable, Relevant, Timely
Specific, Measurable, Achievable, Realistic, Timely
Simple, Measurable, Achievable, Realistic, Timely
Specific, Measurable, Attainable, Realistic, Timely
6
What is a case study
A single unit to aim to discover across a bigger set of unit
Someone who organizes jobs
Management is the success of results through other people
A persons regular occupation, profession or trade
7
How many Porters forces are there
3
4
5
1
8
What is the meaning of Entrepreneurship
Sharing your own company
Your own boss
Self employed
Take opportunities (by identifying needs and wants)
9
What does SWOT mean?
I don't remember
Somebody, Will, Only, Thrive
Strength, Weaknesses, Opportunities, Threats
Strength, Wisdom, Options, Threats
10
What does Innovation mean?
You are creating a new product
Is a change to something that already exist
Help think of a new product with someone
Not sure