WorksheetsPriniciples of Business Final Review
Total questions: 10
Worksheet time: 10mins
The ideal target market for a company selling diapers would be . . .
senior citizens
new parents
people who live in the city
lawyers
Uniqueness (relating to a product) refers to what?
supply/demand of product
complexity of a product
the age of a product
closeness to competitors' products
Any paid form of communication directed at a target market is . . .
advertising
asserting
selling
targeting
What is the definiton of a service?
debts of a company
activities that are consumed as they are produced
a tangible object
anything a company makes money off of
What is a synonym for cost
expense
revenue
surplus
raise
All cash recieved and spent by a business are listed on . . .
tax records
cash records
asset records
inventory records
If you divide current assets by current liabilities, what would you be finding?
net income ratio
debt to equity ratio
return on equity ratio
current ratio
Custom manufacturing creates _______ products that meet the needs of each customer.
bland
boring
custom
similar
Errors and inefficienceies can be reduced by using _______ process.
fragmentory
sporadic
interminittent
continous
A time plan for completing activities can be defined as . . .
an operational plan
a schedule
a standard
a supply chain
