Topic 5: Decision Making

Which term means "to increase sharply and unexpectedly"?

• Raise

• Hike

• Cut

• Freeze

What does "plunging" describe?

• A gradual decrease

• A sudden and dramatic decrease

• A steady increase

• A stable condition

If a company faces financial trouble, it might ______ its expenses.

• Slash

• Hike

• Soar

• Freeze

Which of the following is the correct definition of "stable"?

• No change over time

• Rapid increase

• Gradual decrease

• Temporary growth

The government may ______ fuel prices to prevent inflation.

• Slash

• Freeze

• Raise

• Cut

If a company is "forced out of" the market, it means:

• It has successfully entered a new industry.

• It can no longer compete and must leave.

• It has raised its prices too high.

• It has saturated the market.

What does "flooding the market" mean?

• Selling excess inventory, causing prices to drop

• Gaining complete market control

• Expanding to new territories

• Increasing demand through advertising

If a product is "obsolete," it is:

• No longer used or relevant

• In high demand

• Dominating the market

• Increasing in price

What does "yield" refer to in financial markets?

• The annual rate of return on a bond

• The total number of products sold

• The amount of tax paid

• The supply of goods available

A niche market is:

• A small, specialized segment of the market

• A flooded market with excess supply

• A dominant and controlling industry

• A market with high prices and soaring demand