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Introduction to Business Management Flashcards | StudBud
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Introduction to Business Management
Introduction to Business Management
10 terms
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StudBud Administration
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956 plays
Testing and building your knowledge of key business management terms and definitions.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What is Australia's largest
export
market?
Beef
Clothing
Wheat
Iron Ores
2
What is
innovation
?
Doings things the way we've always done them
Giving up
Old ideas
Creativity, change and new ideas
3
Which country is the biggest
importer
of goods to Australia?
Great Britain
The USA
China
Japan
4
An example of a
not-for-profit
business is...
Subway
Sportsgirl
Lifeline
Turland's Plumbing
5
A
business
is...
A messy bus
A shop
Just mind your own
An organization where goods & services are exchanged for $.
6
What is
entrepreneurship
?
The meal course before main
To develop, manage & organise a business idea despite risks
The CEO of a company
The spaceship off Star Trek
7
An example of a local business operating in a
global market
is...
All of these answers are correct
Midfield Meat
Jean Jail
Warrnambool Cheese and Butter
8
Which of these businesses is a
franchise
operation?
All of these are franchise businesses
Dominos
Boost Juice
Noodle Box
9
An example of a local business operating in a
local market
is...
Fishtales Restaurant
Apple
KFC
Nike
10
An example of a
for-profit business
is...
The AFL
McDonalds
Sports Power
All of these are for-profit businesses
