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Statistics for Business Concepts
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General Stats
- This quiz has been taken 19 times
- The average score is 11 of 15
Answer Stats
| Question | Answer | % Correct |
|---|---|---|
| It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user | Bitcoins | 100%
|
| Refers to factors that allow a company to produce goods or services better or more cheaply than its rivals | Competitive advantage | 92%
|
| Overall process of identifying, attracting, screening, shortlisting, and interviewing, suitable candidates | Recruitment. | 92%
|
| Generally defined as a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date | Credit | 83%
|
| The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. | GDP | 83%
|
| Accounting document that records a business transaction | Sales invoice | 83%
|
| The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore | Cost | 75%
|
| A term for matters regarding the management, creation, and study of money and investments | Finance | 75%
|
| A place or area that current businesses aren't serving. | Gap | 75%
|
| Is the process of advertising any kind of good or service to potential consumers via digital strategies | Online Marketing | 75%
|
| Is the merger and acquisition of many smaller companies into a few much larger ones. | Consolidation | 58%
|
| Examination and evaluation of a firm's or individual's financial records to derive evidence that can be used in a court of law | Forensic audit | 58%
|
| A branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. | Microeconomics | 50%
|
| Legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. | Company | 25%
|
| A company's core financial statements that shows their profit and lossProfit and Loss Statement | Income statement. | 25%
|
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