Business abbreviations

Business abbreviations

University

6 Qs

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Business abbreviations

Business abbreviations

Assessment

Quiz

English

University

Medium

Created by

Mary Rodriguez

Used 3+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's the difference between B2B and B2C?

B2B transactions always involve physical products being sold between companies, while B2C transactions only involve digital products or services being sold to individual consumers.

B2B transactions involve selling products or services to other businesses, with a focus on long-term relationships, higher transaction values, and customized solutions. B2C transactions involve selling directly to consumers, with a focus on individual desires, shorter sales cycles, and standardized products.

B2B stands for "Business-to-Business," which involves transactions between two businesses. B2C stands for "Business-to-Customer," where the customer is always another business rather than an individual consumer.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What abbreviation better completes this line? "The ______'s innovative strategies and comprehensive understanding of market trends have been instrumental in driving the company's recent success, resulting in a significant increase in brand awareness and a substantial rise in quarterly sales figures."

EOD

BID

CMO

MoM

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Given that our primary _____ for the upcoming project will be _____ until next Wednesday, please ensure that all urgent inquiries and tasks are directed to her assistant during this period to avoid any delays in our workflow.

CEO - PR

IMO - OOO

PR - RE

POC - OOO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The report you sent me is _______, so could you please ______ into key points and provide a brief summary, along with an _____ for when the final draft will be ready for review.

TLTR - BID - ETA

RE - BID - ETA

POC - LTLR - BID

ETA - BID - TLTR

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's the difference between CEO and CMO?

The CEO is responsible for managing only the financial aspects of the company, while the CMO oversees all departments including finance, operations, and human resources.

The CEO has a broader scope of responsibilities that cover the entire organization, whereas the CMO specializes in managing and executing marketing strategies to promote the company and its products.

The CEO only works on marketing strategies and brand development, while the CMO makes all the high-level decisions for the entire company, including mergers and acquisitions.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The company's revenue has increased _____, showing a steady growth trend since the beginning of the year.

PR

KPI

MoM

ETA