Business Terminology Quiz2

What is the definition of 'Cash cow' in the Boston Matrix?

• A product with high growth and low market share

• A product with low growth and high market share

• A product with high growth and high market share

• A product with low growth and low market share

What does 'Cash flow' refer to in a business?

• The money that flows into and out of a business

• The money that flows out of a business

• The money that flows into a business

• The money that flows within a business

What is a 'Cash flow forecast'?

• The money flow from expenses only

• The money flow from sales only

• The prediction of money flow in a business

• The actual money flow in a business

What is 'Centralisation' in a business context?

• Decision making at multiple levels

• Decision making at the business headquarters

• Decision making by employees

• Decision making by customers

What is 'Consumer income' related to?

• The income of the employees

• The income of the suppliers

• The income of the business

• The income of the consumers

What is 'Consumer law' aimed at protecting?

• Business interests

• Consumer rights

• Employee rights

• Supplier rights

What is 'Cost of sales' directly related to?

• Administrative costs

• Marketing expenses

• Employee salaries

• Raw materials

What is 'Culture' in a business context?

• The business structure

• The business location

• The physical office space

• The way of doing things in a business

What are 'Current assets' in a business?

• Employee salaries

• Resources that cannot be turned into cash

• Resources that can easily be turned into cash

• Long-term investments

What is 'Customer loyalty' based on?

• Customer engagement

• Customer satisfaction

• Customer returns

• Customer complaints