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Business Concepts

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Computers

10th Grade

Used 8+ times

Business Concepts
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market Planning

The process of analyzing and developing strategies to reach target markets.

A method for tracking sales performance over time.

A technique for managing customer relationships effectively.

A strategy for reducing production costs.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Eight Interrelated Functions of Marketing

Market Planning

Customer Engagement

Sales Strategy

Market Research

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Promotion

Efforts to inform, persuade, or remind potential customers about a business's products or services.

A strategy to reduce prices on products to increase sales.

A method of distributing products to various locations.

A technique to improve customer service and satisfaction.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Relation between Finance and Accounting disciplines

These disciplines are the same and interchangeable.

These disciplines are different, but they work together.

Finance is a subset of Accounting.

Accounting is primarily concerned with cash flow.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Return on Equity (ROE)

A measure of a company's financial performance calculated as net income divided by total shareholders' equity.

A metric used to evaluate a company's liquidity position.

An indicator of a company's market share in its industry.

A ratio that compares a company's total assets to its total liabilities.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tactics in a strategy function

The Tactics are the specific procedures and actions used to support the strategy.

Tactics are the long-term goals of an organization.

Tactics are the financial resources allocated for a strategy.

Tactics are the theoretical frameworks that guide strategic planning.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Six Business Functions

Human Resources

Product Development

Customer Service

Supply Chain Management

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