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Year 2 Feb recap

Authored by P Dover

Business

12th Grade

Used 2+ times

Year 2 Feb recap
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lots of rules, bureaucracy, job titles, hierarchy

task culture

role culture

person culture

power culture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Culture of collectivism, teams, work for group success

more likely in U.S. firm

more likely in U.K. firm

more likely in Japanese firm

more likely in French firm

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a backward vertical integration ?

takeover your supplier

takeover your retailer

takeover your seller

takeover your distributor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economies of scale leads to :

higher average unit costs

lower average unit costs

no change in average unit costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Year 2022: £1 = 1.2 euros, Year 2023: £1 = 1.4 euros

Pound is getting weaker

Pound is buying less euros

Pound is getting stronger

Imports will be dearer from Europe

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP =

gathered domestic pidgeons

group dynamic people

group domestic product

gross domestic product

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand for luxuries tends to be :

income inelastic

income elastic

negative income elasticity

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