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Business and Marketing Quiz
Business and Marketing Quiz
19 terms
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StudBud Administration
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Test your knowledge on business and marketing concepts with this engaging quiz!
Flashcards
19 cards
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Questions
19
Answers
1
What motivates with higher wages?
Non-Financial
Job Enrichment
Financial
Job Rotation
2
What shows great teamwork?
External Recruitment
Job Enlargement
Internal Recruitment
Job Rotation
3
Penetration pricing sets high initial price?
False
True
4
Secondary research uses new data?
False
True
5
Which theory includes self-actualization?
Maslow
Herzberg
Taylor
Mayo
6
A stakeholder is affected by business actions.
False
True
7
Primary sector includes services?
True
False
8
Delegation grants decision power?
False
True
9
Laissez-faire is tight control?
True
False
10
Main goal of private businesses?
Ensure equality
Maximize profit
Cut government spend
Public services
11
Which sector uses desk research?
Quaternary
Tertiary
Secondary
Primary
12
What defines a sole trader?
Limited liability
Unlimited liability
Public shares
2-20 owners
13
Marketing mix is known as?
Pricing strategy
Product lifecycle
4Ps
7Ps
14
What research uses questionnaires?
Qualitative
Quantitative
Secondary
Desk
15
Tertiary sector sells goods?
False
True
16
Which sector involves oil extraction?
Tertiary
Primary
Secondary
Quaternary
17
Role of human resources?
Manage employees
Cut costs
Sell products
Promotions
18
What is an apprenticeship?
Academic course
Training and work
Temporary contract
Unpaid work
19
What is market segmentation?
Identifying audience
Branding
Promotion
Market research