Business Management Quiz

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Quiz by TheHitmanStewart
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Last updated: March 20, 2019
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First submittedMarch 20, 2019
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Average score46.7%
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1. What is the only Factor that could impact Businesses internally and externally?
Social
Technological
Finance
Human Resources
2. Name the method of production that is where identical products are made on an assembly line?
Flow
Labour-Intensive Production
Capital-Intensive Production
Batch
3. Name the 4 Ps of the Marketing Mix
Place, People, Physical Evidence, Process
Place, Product, Price, Promotion
Process, Product, Price, Place
People, Physical Evidence, Product, Promotion
4. What is a job analysis?
A list of skills a candidate must have for the job
A description of the job
The process of finding the job vacancy
A list of qualities a candidate must have for the job
5. What is a reference?
Document from your current employer on details of the candidate
Document from your former employer on details of the candidate
Document from the candidate on their details
A note at the end of an application
6. What is Cost of Sales in retailing?
Cost of wages, electricity etc.
Cost of finished goods
Cost of merchandise
7. Name the two different types of Market Research
Field & Chair
Desk & Field
Table & Chair
Desk & Chair
8. What is a factor businesses might consider when choosing a supplier?
Supplier's employees
Personal Problems
Opening Times
Lead Time
9. What type of training gives the employee a qualification?
On-The-Job Training
Off-The-Job Training
Introduction Training
Induction Training
10. What type of training gives employees an introduction to the business?
On-The-Job Training
Induction Training
Introduction Training
Off-The-Job Training
11. Which of these is not a protected characteristic in the Equality Act, 2010?
Gender
Intelligence
Disability
Race
12. What is meant by a target market?
The process of grouping potential customers together
The percentage of a market held by an organisation
A group of consumers to whom a company wants to sell its products or services
13. Which of these businesses are not in the Private Sector
Charities
Partnerships
Public Limited Companies
Sole Traders
14. What do you add to fixed costs to make the Total Costs
Variable Costs
Sales Revenue
Profits/Loss
Break Even Point
15. What is the philosophy that all employees are responsible for the quality of a business’s products
Quality Control
Quality Assurance
Quality Materials
Quality Management
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