WorksheetsÔN TẬP TACN
Total questions: 214
Worksheet time: 2hrs 47mins
Name
Class
Date
1.
consultant
a)
Part of a market that contains a group of buyers with similar buying habits, such as age or income.
b)
junior managers who have direct control over the employees below them in the organisational structure
c)
the production of very large quantities of identical goods using a continuously moving process
d)
a person who provides expert advice to a company
2.
crisis
a)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
b)
inability of a nation to produce a good more efficiently than other nations but an ability to produce that good more efficiently than it does any other good
c)
a statement showing the value of a business's assets, its liabilites, and its capital or shareholder's equity
d)
a situation of danger or difficulty
3.
innovation
a)
a new idea or method
b)
a time-limited set of ads-campaigns may run across different media, and for one month or ten years, but can be categorized together as they are the execution of a central idea
c)
a specific activity in a company, e.g. production, marketing, finance
d)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
4.
objective
a)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
b)
something you plan to do or achieve
c)
- monetary rewards
d)
the continuous improvement of products and processes by focusing on quality at each stage of production
5.
promotion
a)
people of influence or importance with whom you are associated
b)
when someone is raised to a higher or more important position
c)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
d)
- introducing ways to give job satisfaction
6.
public sector
a)
the section of the economy under government control
b)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
c)
a face-to-face disagreement or argument
d)
the organization that takes care of advertising for clients
7.
strategy
a)
a statement of what is expected to happen in the future
b)
official rules or the act of controlling something
c)
causing trouble and stopping something from continuing as usual
d)
a plan for achieving success
8.
subordinate
a)
the section of the economy under government control
b)
available cash, and how easily other assets can be turned into cash
c)
advantages that come with a job, apart from pay
d)
a person with a less important position in an organization
9.
labour relations
a)
understanding or knowing without consciously using reason
b)
done with the hands
c)
interactions between employers and employees, or managers and workers
d)
correct, exact, and without any mistakes
10.
job security
a)
knowing that there is little risk of losing one's employment
b)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
c)
the stimuli, environment, or ambience surrounding an event
d)
to move the location of an enterprise
11.
wages
a)
able to move quickly and easily
b)
money paid (per hour or day or week) to manual workers
c)
small, select groups representing a target audience who are paid to answer questions at the behest of a market research organization
d)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
12.
benefits
a)
without any particular abilities acquired by training
b)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
c)
the turning point in the business cycle between a recession and an expansion; during a trough in the bussiness cycle, output that had been falling during the recession stage of the business cycle bottoms out and begins to increase again
d)
advantages that come with a job, apart from pay
13.
incentives
a)
things that encourage people to do something
b)
occurs by watching a more experienced worker doing the job
c)
identifies and records the responsibilities and tasks relating to a job
d)
adding tasks that require more skill and/or more responsibility
14.
unskilled
a)
looking directly at the people you are talking or listening to
b)
inspecting and reporting on accounts and financial records
c)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
d)
without any particular abilities acquired by training
15.
job rotation
a)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
b)
done with the hands
c)
a face-to-face disagreement or argument
d)
regularly switching between different tasks
16.
corporate culture
a)
a company's shared attitudes, beliefs, practices and work relationships
b)
to be responsible to someone and to take instructions from them
c)
A duty or tax levied upon goods transported from one customs area to another, for either protective or revenue purposes
d)
the set of all the various elements in a marketing programme, and the way a company integrates them
17.
hierachy or chain of command
a)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
b)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
c)
to place money in a bank; or money placed in a bank
d)
fill (something) up again.
18.
function
a)
a specific activity in a company, e.g. production, marketing, finance
b)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
c)
decreasing the number of permanent employees
d)
a rule for moral behaviour in a particular area
19.
autonomous
a)
a stated opinion about the right thing to do in a particular situation
b)
fill (something) up again.
c)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
d)
- monetary rewards
20.
line authority
a)
changing or improving a product or service
b)
the practice of aying for a branded product to be used by a character in a movie - e.g James Bond driving a BMW Z3
c)
- non-monetary rewards
d)
the power to give instructions to people at the level below in the chain of command
21.
to report to
a)
to be responsible to someone and to take instructions from them
b)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
c)
designing and managing the flow of goods, information and other resources
d)
giving a subordinate the authority to perform particular tasks
22.
to delegate
a)
to give someone else repsponsibility for doing something instead of you
b)
the collection, analysis and reporting of data relevant to a specific marketing situation
c)
providing a large amount of good things
d)
regularly switching between different tasks
23.
glocalization
a)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
b)
an invented word combining worldwide and regional concerns
c)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
d)
a deposit account that generally earns higher interest than an interest-bearing checking account. Savings accounts limit the number of certain types of transfers or withdrawals you can make from the account each monthly statement cycle
24.
logic
a)
a small company that concentrates on one or more particular niches or small market segments
b)
thought based on reason and judgement rather than feelings and emotions
c)
- introducing ways to give job satisfaction
d)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
25.
confrontation
a)
a highlighted benefit of a product which makes it stand out from all rival brands
b)
a face-to-face disagreement or argument
c)
inability of a nation to produce a good more efficiently than other nations but an ability to produce that good more efficiently than it does any other good
26.
compromise
a)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
b)
factors that influence the behavior of workers towards achieving business goals, and can be increased by
c)
reducing demands or changing opinions in order to agree
d)
advantages that come with a job, apart from pay
27.
intuition
a)
The liability of shareholders in a company is only limited to the amount they invested
b)
a paid-for advertisement which includes editorial content; normally identified in a print magazine with the word "Advertisement" printed as a head across the top of the page to distinguish it from genuine editorial content
c)
the sales of a company expressed as a percentage of total sales in a given market
d)
understanding or knowing without consciously using reason
28.
connections
a)
the most senior manager responsible for the overall performance and success of a company
b)
people of influence or importance with whom you are associated
c)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
d)
(of production) using small quantities and avoiding any waste
29.
improvise
a)
the continuous improvement of products and processes by focusing on quality at each stage of production
b)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
c)
to do something when necessary without having already planned it
d)
a statement showing the difference betwwen the revenues and expenses of a period
30.
status
a)
respect, prestige or importance given to someone
b)
anything that acts as a security or guarantee for a loan
c)
the straight line in the business cycle model, which is usually upward sloping and shows the long-run pattern of change in real GDP over time
d)
able to move quickly and easily
31.
collectivist
a)
a small company that concentrates on one or more particular niches or small market segments
b)
an area where moral behaviour is important
c)
believing that the group is more important than the individual
d)
to place money in a bank; or money placed in a bank
32.
lose face
a)
an industry which is essential for the promotion or stabilization of the growth of the locality in which that industry is situated
b)
Manufactures goods using the raw materials provided by the primary sector
c)
to be humiliated or disrespected in public
d)
the set of intermediaries a company used to get its goods to their end users
33.
interupt
a)
people who have responsibility for people below them in the hierachy of an organization
b)
The area of logistics that involves bringing goods back to the manufacturer because of defects or for recycling materials.
c)
to cut into someone else's turn to speak
d)
The owners of a business can be held responsible for the debts of the business they own. Their liability is not limited to the investment they made in the business.
34.
eye contact
a)
the collection, analysis and reporting of data relevant to a specific marketing situation
b)
anything that acts as a security or guarantee for a loan
c)
looking directly at the people you are talking or listening to
d)
correct, exact, and without any mistakes
35.
exported goods
a)
when someone is raised to a higher or more important position
b)
reducing demands or changing opinions in order to agree
c)
products sold to other countries
d)
Extracts and uses the natural resources of the earth to produce raw materials used by other businesses
36.
real estate
a)
property: buildings such as offices, houses, flats (BrE) or apartments (AmE)
b)
occurs by watching a more experienced worker doing the job
c)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
d)
to give someone else repsponsibility for doing something instead of you
37.
labour
a)
a specific activity in a company, e.g. production, marketing, finance
b)
giving a subordinate the authority to perform particular tasks
c)
work done in return for money
d)
to place money in a bank; or money placed in a bank
38.
to delocalize
a)
able to move quickly and easily
b)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
c)
to move your factories to another region or country
d)
a bank account maintained by a financial institution in which a customer can deposit and withdraw money
39.
to outsource
a)
to use other companies to do work your company previously did itself
b)
something that occurs when you make a purchase with your debit care or write a check for an amount that exceeds your checking account's available balance. Many bank accounts offer overdraft protection to help avoid overdraft fees. Some banks don't charge overdraft fees at all
c)
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organization's goals and objectives
d)
the sector of the economy in which organizations are owned and controlled by individuals
40.
embedded
a)
increasing or decreasing more and more quickly as time passes
b)
an area where moral behaviour is important
c)
firmly fixed in something or part of something
d)
the potential cost of taking a chance
41.
standards of living
a)
a small company that concentrates on one or more particular niches or small market segments
b)
to cut into someone else's turn to speak
c)
the quality of people's lives
d)
A form of business in which two or more people agree to jointly own a business.
42.
founder
a)
someone who establishes a company
b)
- introducing ways to give job satisfaction
c)
Outlines the responsibilities and duties to be carried out by someone employed to do a specific job
d)
Extracts and uses the natural resources of the earth to produce raw materials used by other businesses
43.
risk premium
a)
the potential cost of taking a chance
b)
a plan or principle designed to achieve marketing objectives
c)
the stimuli, environment, or ambience surrounding an event
d)
Specialists who provide support, information and assistance to line managers
44.
equity
a)
when banks have enough money to cover potential losses. Banks are expected to maintain a sufficient level of capital to remain solvent and avoid failure. The FDIC and other federal regulators work with banks to maintain standards for solvency
b)
the value of a business activity
c)
The checking for quality at the end of the production process, whether it is the production of a product or service.
d)
small, select groups representing a target audience who are paid to answer questions at the behest of a market research organization
45.
disruptive
a)
knowing that there is little risk of losing one's employment
b)
causing trouble and stopping something from continuing as usual
c)
the stimuli, environment, or ambience surrounding an event
d)
believing that the group is more important than the individual
46.
exponentially
a)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
b)
a bank account maintained by a financial institution in which a customer can deposit and withdraw money
c)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
d)
increasing or decreasing more and more quickly as time passes
47.
procurement
a)
a situation of danger or difficulty
b)
a company's shared attitudes, beliefs, practices and work relationships
c)
the obtaining of supplies
d)
the situation when something is not likely to change
48.
prosperity
a)
the state of being successful and having a lot of money
b)
an invented word combining worldwide and regional concerns
c)
small, select groups representing a target audience who are paid to answer questions at the behest of a market research organization
d)
an account at a bank which checks can be drawn by the acoount depositor; a checking account
49.
stability
a)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
b)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
c)
correct, exact, and without any mistakes
d)
the situation when something is not likely to change
50.
accurate
a)
a paid-for advertisement which includes editorial content; normally identified in a print magazine with the word "Advertisement" printed as a head across the top of the page to distinguish it from genuine editorial content
b)
temporary failure to act in the correct way
c)
property: buildings such as offices, houses, flats (BrE) or apartments (AmE)
d)
correct, exact, and without any mistakes
51.
agile
a)
a statement of what is expected to happen in the future
b)
senior managers who lead a particular department or division of a business
c)
able to move quickly and easily
d)
restriction on the amount (measured in units or weight) of a good that can enter or leave a country during a certain period of time
52.
estimate
a)
a guess of what the size or amount of something might be
b)
extra tasks are added to the job to make it more interesting
c)
the standard pattern of sales of a product over the period that it is marketed
d)
the company with the largest market share
53.
forecast
a)
the stimuli, environment, or ambience surrounding an event
b)
to be humiliated or disrespected in public
c)
things that cause difficulties
d)
a statement of what is expected to happen in the future
54.
lean
a)
(of production) using small quantities and avoiding any waste
b)
the set of intermediaries a company used to get its goods to their end users
c)
the average person is motivated by internal factors. To motivate workers, you need to find ways to help workers take an interest in their work, e.g give rewards, incentives
d)
the phase of the business cycle during which output is falling
55.
logistics
a)
temporary failure to act in the correct way
b)
designing and managing the flow of goods, information and other resources
c)
work done in return for money
d)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
56.
manual
a)
the owners of a limited company. They buy shares which represent part-ownership of the company
b)
done with the hands
c)
correct, exact, and without any mistakes
d)
something that occurs when you make a purchase with your debit care or write a check for an amount that exceeds your checking account's available balance. Many bank accounts offer overdraft protection to help avoid overdraft fees. Some banks don't charge overdraft fees at all
57.
replenish
a)
a situation of danger or difficulty
b)
Manufactures goods using the raw materials provided by the primary sector
c)
a guess of what the size or amount of something might be
d)
fill (something) up again.
58.
bountiful
a)
the situation when something is not likely to change
b)
providing a large amount of good things
c)
(of production) using small quantities and avoiding any waste
d)
the sales of a company expressed as a percentage of total sales in a given market
59.
headaches
a)
things that cause difficulties
b)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
c)
when a vacancy is filled by someone who is not an existing employee and will be new to the business
d)
writing down the details of transactions (debits and credits)
60.
regulation
a)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
b)
official rules or the act of controlling something
c)
ability of a nation to produce a good more efficiently than any other nation
d)
guarantees: written promises to repair or replace products that develop a fault
61.
reworking
a)
thought based on reason and judgement rather than feelings and emotions
b)
changing or improving a product or service
c)
junior managers who have direct control over the employees below them in the organisational structure
d)
Provides services to consumers and the other sectors of industry
62.
scrapping
a)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
b)
getting rid of things which are no longer useful or wanted
c)
a statement showing the value of a business's assets, its liabilites, and its capital or shareholder's equity
d)
the standard pattern of sales of a product over the period that it is marketed
63.
service
a)
to be humiliated or disrespected in public
b)
to examine a machine and repair any faulty parts
c)
fill (something) up again.
d)
a guess of what the size or amount of something might be
64.
warranties
a)
guarantees: written promises to repair or replace products that develop a fault
b)
changing or improving a product or service
c)
the company with the largest market share
d)
a choice between two actions that might both be morally wrong
65.
management
a)
the average person is motivated by internal factors. To motivate workers, you need to find ways to help workers take an interest in their work, e.g give rewards, incentives
b)
the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources
c)
(of production) using small quantities and avoiding any waste
d)
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organization's goals and objectives
66.
manager
a)
a company's shared attitudes, beliefs, practices and work relationships
b)
a highlighted benefit of a product which makes it stand out from all rival brands
c)
an individual who is in charge of a certain group of tasks, or a certain area or department of a business
d)
to place money in a bank; or money placed in a bank
67.
chief executive officer
a)
the most senior manager responsible for the overall performance and success of a company
b)
- non-monetary rewards
c)
a new idea or method
d)
the power to give instructions to people at the level below in the chain of command
68.
planning
a)
- non-monetary rewards
b)
the process of evaluating candidates for a specific job and selecting an individual for employment based on the needs of the organisation
c)
done with the hands
d)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
69.
organizing
a)
the standard pattern of sales of a product over the period that it is marketed
b)
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organization's goals and objectives
c)
regularly switching between different tasks
d)
writing down the details of transactions (debits and credits)
70.
leading
a)
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives
b)
an individual who is in charge of a certain group of tasks, or a certain area or department of a business
c)
the situation when something is not likely to change
d)
occurs by watching a more experienced worker doing the job
71.
controlling
a)
a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not
b)
the process of evaluating candidates for a specific job and selecting an individual for employment based on the needs of the organisation
c)
calculating how much an individual or a company will have to pay to the local and national governments (and trying to reduce this to a minimum)
d)
interactions between employers and employees, or managers and workers
72.
motivation
a)
the complex system of values, traits, morals, and customs shared by a society
b)
factors that influence the behavior of workers towards achieving business goals, and can be increased by
c)
official rules or the act of controlling something
d)
A production method that involves reducing or virtually eliminating the need to hold inventories of raw materials or unsold inventories of the finished product. Supplies arrive just at the time they are needed.
73.
- monetary rewards
a)
the state of being successful and having a lot of money
b)
providing information that will allow a business to make decisions, plan future operations and develop business strategies
c)
to be humiliated or disrespected in public
d)
- monetary rewards
74.
- non-monetary rewards
a)
- non-monetary rewards
b)
the extent to which a person has skills that employers want
c)
the owners of a limited company. They buy shares which represent part-ownership of the company
d)
things that encourage people to do something
75.
- introducing ways to give job satisfaction
a)
an individual who is in charge of a certain group of tasks, or a certain area or department of a business
b)
- introducing ways to give job satisfaction
c)
believing that the group is more important than the individual
d)
the state of being successful and having a lot of money
76.
job satisfaction
a)
property: buildings such as offices, houses, flats (BrE) or apartments (AmE)
b)
the set of intermediaries a company used to get its goods to their end users
c)
a time-limited set of ads-campaigns may run across different media, and for one month or ten years, but can be categorized together as they are the execution of a central idea
d)
the enjoyment a worker gets from feeling that they have done a good job
77.
job enlargement
a)
able to move quickly and easily
b)
The structure in an organisation which allows instructions to be passed down from senior management to lower levels of management.
c)
A document which outlines the requirements, qualifications, expertise, physical characteristics, etc. for a specified job.
d)
extra tasks are added to the job to make it more interesting
78.
job enrichment
a)
the phase of the business cycle during which output is increasing
b)
done with the hands
c)
adding tasks that require more skill and/or more responsibility
d)
The checking for the quality standards throughout the production process, whether it is the production of a product or service.
79.
theory X
a)
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers.
b)
The owners of a business can be held responsible for the debts of the business they own. Their liability is not limited to the investment they made in the business.
c)
the average person does not like work. Workers must be constantly supervised so they will work. Motivation is from external factors, e.g. oay schemes where workers are paid more for increased output
d)
when banks have enough money to cover potential losses. Banks are expected to maintain a sufficient level of capital to remain solvent and avoid failure. The FDIC and other federal regulators work with banks to maintain standards for solvency
80.
theory Y
a)
A form of business in which two or more people agree to jointly own a business.
b)
junior managers who have direct control over the employees below them in the organisational structure
c)
the average person is motivated by internal factors. To motivate workers, you need to find ways to help workers take an interest in their work, e.g give rewards, incentives
d)
to cut into someone else's turn to speak
81.
Maslow's Hierarchy of Needs
a)
changing or improving a product or service
b)
regularly switching between different tasks
c)
a company's commitment to improving or enhancing community well-being throuugh discretionary contributions of corporate resources. There are five dimensions of CSR: Environment, Social, Economic, Stakeholder, and Volunteerism
d)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
82.
Frederick Herzberg's Motivation Theory
a)
a plan or principle designed to achieve marketing objectives
b)
the average person does not like work. Workers must be constantly supervised so they will work. Motivation is from external factors, e.g. oay schemes where workers are paid more for increased output
c)
taking decision away form the centre of an organization - way from the Head Office
d)
humans have two sets of needs: one is for the basic needs, which he callled hygiene factors or needs, and the second is for a human being to be able to grow psychologically, which he called motivational needs or motivators
83.
hygiene factors
a)
a new idea or method
b)
restriction on the amount (measured in units or weight) of a good that can enter or leave a country during a certain period of time
c)
extra tasks are added to the job to make it more interesting
d)
The factors that must be present in the workplace to prevent job dissatisfaction
84.
organizational structure
a)
the production of very large quantities of identical goods using a continuously moving process
b)
the levels of management and division of responsibilities within an organization
c)
a face-to-face disagreement or argument
d)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
85.
hierachy
a)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
b)
involves being trained away from the workplace, usually by specialist trainers
c)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
d)
ability of a nation to produce a good more efficiently than any other nation
86.
chain of command
a)
The structure in an organisation which allows instructions to be passed down from senior management to lower levels of management.
b)
the situation when something is not likely to change
c)
the quality of people's lives
d)
the average person does not like work. Workers must be constantly supervised so they will work. Motivation is from external factors, e.g. oay schemes where workers are paid more for increased output
87.
span of control
a)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
b)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
c)
the number of subordinates working directly under a manager
d)
a time-limited set of ads-campaigns may run across different media, and for one month or ten years, but can be categorized together as they are the execution of a central idea
88.
directors
a)
senior managers who lead a particular department or division of a business
b)
- introducing ways to give job satisfaction
c)
taking decision away form the centre of an organization - way from the Head Office
d)
A document which outlines the requirements, qualifications, expertise, physical characteristics, etc. for a specified job.
89.
line managers
a)
a statement giving details of money coming into and leaving the business, divided into day-to-day operations, investing and financing
b)
people who have responsibility for people below them in the hierachy of an organization
c)
the set of intermediaries a company used to get its goods to their end users
d)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
90.
supervisors
a)
junior managers who have direct control over the employees below them in the organisational structure
b)
fill (something) up again.
c)
The area of logistics that involves managing the flow of finished products and information to business buyers and ultimate consumers (people like you and me).
d)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
91.
staff managers
a)
a specific activity in a company, e.g. production, marketing, finance
b)
A document which outlines the requirements, qualifications, expertise, physical characteristics, etc. for a specified job.
c)
Specialists who provide support, information and assistance to line managers
d)
junior managers who have direct control over the employees below them in the organisational structure
92.
delegation
a)
someone who establishes a company
b)
a small company that concentrates on one or more particular niches or small market segments
c)
taking decision away form the centre of an organization - way from the Head Office
d)
giving a subordinate the authority to perform particular tasks
93.
Decentralization
a)
Manufactures goods using the raw materials provided by the primary sector
b)
temporary failure to act in the correct way
c)
a statement showing the difference betwwen the revenues and expenses of a period
d)
taking decision away form the centre of an organization - way from the Head Office
94.
culture
a)
the most senior manager responsible for the overall performance and success of a company
b)
to do something when necessary without having already planned it
c)
A production method that involves reducing or virtually eliminating the need to hold inventories of raw materials or unsold inventories of the finished product. Supplies arrive just at the time they are needed.
d)
the complex system of values, traits, morals, and customs shared by a society
95.
context
a)
a choice between two actions that might both be morally wrong
b)
businesses owned by shareholders but they cannot sell shares to the public
c)
the stimuli, environment, or ambience surrounding an event
d)
people of influence or importance with whom you are associated
96.
the lewis model
a)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
b)
The process from identifying that the business needs to employ someone up to the point at which applications have arrived at the business
c)
the company with the largest market share
d)
the economic policy of restraining trade between nations, through methods such as tariffs on imported goods, restrictive quotas, and a variety of other foreign take-over of local markets and companies
97.
high-context culture
a)
a culture in which the rules of communication are primarily and dominantly transmitted through the use of contextual elements. These include specific forms of body language, the social or familial status of an individual, and the tone of voice employed during speech. This culture usually do not have rules that are explicitly written or stated
b)
to move the location of an enterprise
c)
decreasing the number of permanent employees
d)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
98.
low-context culture
a)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
b)
people who have responsibility for people below them in the hierachy of an organization
c)
when a vacancy is filled by someone who is an existing employee of the business
d)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
99.
power distance
a)
the distribution of power among individuals within a culture and how well unequal levels of power are accepted by those with less power
b)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
c)
Extracts and uses the natural resources of the earth to produce raw materials used by other businesses
100.
recruitment
a)
the collection, analysis and reporting of data relevant to a specific marketing situation
b)
The liability of shareholders in a company is only limited to the amount they invested
c)
The process from identifying that the business needs to employ someone up to the point at which applications have arrived at the business
d)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
101.
Employee Selection
a)
to produce a good or a service which meets customer expectations
b)
work done in return for money
c)
(of production) using small quantities and avoiding any waste
d)
the process of evaluating candidates for a specific job and selecting an individual for employment based on the needs of the organisation
102.
a job analysis
a)
identifies and records the responsibilities and tasks relating to a job
b)
The factors that must be present in the workplace to prevent job dissatisfaction
c)
available cash, and how easily other assets can be turned into cash
d)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
103.
a job description
a)
(of production) using small quantities and avoiding any waste
b)
humans have two sets of needs: one is for the basic needs, which he callled hygiene factors or needs, and the second is for a human being to be able to grow psychologically, which he called motivational needs or motivators
c)
Outlines the responsibilities and duties to be carried out by someone employed to do a specific job
d)
a deep and prolonged recession
104.
a job specification
a)
A document which outlines the requirements, qualifications, expertise, physical characteristics, etc. for a specified job.
b)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
c)
the straight line in the business cycle model, which is usually upward sloping and shows the long-run pattern of change in real GDP over time
d)
a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs
105.
internal recruiment
a)
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives
b)
a rule for moral behaviour in a particular area
c)
when a vacancy is filled by someone who is an existing employee of the business
d)
calculating how much an individual or a company will have to pay to the local and national governments (and trying to reduce this to a minimum)
106.
external recruitment
a)
extra tasks are added to the job to make it more interesting
b)
to be humiliated or disrespected in public
c)
to organize a company, business, or system in a new way to make it operate more effectively
d)
when a vacancy is filled by someone who is not an existing employee and will be new to the business
107.
induction training
a)
the complex system of values, traits, morals, and customs shared by a society
b)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
c)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
d)
things that encourage people to do something
108.
on-the-job training
a)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
b)
a statement of what is expected to happen in the future
c)
to be humiliated or disrespected in public
d)
occurs by watching a more experienced worker doing the job
109.
off-the-job training
a)
involves being trained away from the workplace, usually by specialist trainers
b)
a culture in which the rules of communication are primarily and dominantly transmitted through the use of contextual elements. These include specific forms of body language, the social or familial status of an individual, and the tone of voice employed during speech. This culture usually do not have rules that are explicitly written or stated
c)
to examine a machine and repair any faulty parts
d)
- monetary rewards
110.
primary sector
a)
a choice between two actions that might both be morally wrong
b)
Extracts and uses the natural resources of the earth to produce raw materials used by other businesses
c)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
d)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
111.
secondary sector
a)
money paid (per hour or day or week) to manual workers
b)
Manufactures goods using the raw materials provided by the primary sector
c)
Production of one item at a time.
d)
correct, exact, and without any mistakes
112.
tertiary sector
a)
Provides services to consumers and the other sectors of industry
b)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
c)
to move your factories to another region or country
d)
an industry which is essential for the promotion or stabilization of the growth of the locality in which that industry is situated
113.
mixed economy
a)
to cut into someone else's turn to speak
b)
work done in return for money
c)
the average person does not like work. Workers must be constantly supervised so they will work. Motivation is from external factors, e.g. oay schemes where workers are paid more for increased output
d)
has both a private sector and a public sector
114.
private sector
a)
the sector of the economy in which organizations are owned and controlled by individuals
b)
a face-to-face disagreement or argument
c)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
d)
without any particular abilities acquired by training
115.
privatisation
a)
a stated opinion about the right thing to do in a particular situation
b)
the number of subordinates working directly under a manager
c)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
d)
The sale of state-owned assets to the private sector.
116.
sole trader
a)
the value of a business activity
b)
business owned and operated by one person
c)
The process from identifying that the business needs to employ someone up to the point at which applications have arrived at the business
d)
providing information that will allow a business to make decisions, plan future operations and develop business strategies
117.
limited liability
a)
the most senior manager responsible for the overall performance and success of a company
b)
the number of subordinates working directly under a manager
c)
The liability of shareholders in a company is only limited to the amount they invested
d)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
118.
unlimited liability
a)
things that cause difficulties
b)
Outlines the responsibilities and duties to be carried out by someone employed to do a specific job
c)
The owners of a business can be held responsible for the debts of the business they own. Their liability is not limited to the investment they made in the business.
d)
a highlighted benefit of a product which makes it stand out from all rival brands
119.
partnership
a)
people of influence or importance with whom you are associated
b)
the difference between actual output and potential output when an economy is producing more than full employment output; when there is a positive output gap, the rate of unemployment is less than the natural rate of unemployment and an economy is operating outside of its PPC.
c)
A form of business in which two or more people agree to jointly own a business.
120.
shareholders
a)
a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are divided into principal and interest. The property then serves as collateral to secure the loan
b)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
c)
the owners of a limited company. They buy shares which represent part-ownership of the company
d)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
121.
private limited companies
a)
when a vacancy is filled by someone who is an existing employee of the business
b)
guarantees: written promises to repair or replace products that develop a fault
c)
The area of logistics that involves managing the flow of finished products and information to business buyers and ultimate consumers (people like you and me).
d)
businesses owned by shareholders but they cannot sell shares to the public
122.
public limited companies
a)
to give someone else repsponsibility for doing something instead of you
b)
the production of goods and services within the minimum waste of resources
c)
humans have two sets of needs: one is for the basic needs, which he callled hygiene factors or needs, and the second is for a human being to be able to grow psychologically, which he called motivational needs or motivators
d)
businesses owned by shareholders but they can sell shares to the public and their shares are tradeable on the Stock Exchange
123.
production
a)
an area where moral behaviour is important
b)
The factors that must be present in the workplace to prevent job dissatisfaction
c)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
d)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
124.
inventories
a)
the production of very large quantities of identical goods using a continuously moving process
b)
the owners of a limited company. They buy shares which represent part-ownership of the company
c)
The stock of raw materials, work-in-progress and finished goods held by a business.
d)
junior managers who have direct control over the employees below them in the organisational structure
125.
lean production
a)
the production of goods and services within the minimum waste of resources
b)
to place money in a bank; or money placed in a bank
c)
when a vacancy is filled by someone who is not an existing employee and will be new to the business
d)
fill (something) up again.
126.
job production
a)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
b)
Production of one item at a time.
c)
understanding or knowing without consciously using reason
d)
taking decision away form the centre of an organization - way from the Head Office
127.
batch production
a)
The production of goods in batches. Each batch passes through one stage of production before moving onto the next stage.
b)
the production of goods and services within the minimum waste of resources
c)
understanding or knowing without consciously using reason
d)
extra tasks are added to the job to make it more interesting
128.
flow production
a)
the production of very large quantities of identical goods using a continuously moving process
b)
- non-monetary rewards
c)
taking decision away form the centre of an organization - way from the Head Office
d)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
129.
Just-in-time (JIT)
a)
small, select groups representing a target audience who are paid to answer questions at the behest of a market research organization
b)
the collection, analysis and reporting of data relevant to a specific marketing situation
c)
the fear that you might lose a job
d)
A production method that involves reducing or virtually eliminating the need to hold inventories of raw materials or unsold inventories of the finished product. Supplies arrive just at the time they are needed.
130.
inbound logistics
a)
a situation of danger or difficulty
b)
the level of output an economy can achieve when it is producing at full employment; when an economy is producing at its potential output, it experiences only its natural rate of unemployment, no more and no less.
c)
believing that the group is more important than the individual
d)
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers.
131.
materials handling
a)
The movement of goods within a warehouse, from warehouses to the factory floor, and from the factory floor to various workstations.
b)
Manufactures goods using the raw materials provided by the primary sector
c)
the practice of aying for a branded product to be used by a character in a movie - e.g James Bond driving a BMW Z3
d)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
132.
outbound logistics
a)
advantages that come with a job, apart from pay
b)
a statement showing the value of a business's assets, its liabilites, and its capital or shareholder's equity
c)
the most senior manager responsible for the overall performance and success of a company
d)
The area of logistics that involves managing the flow of finished products and information to business buyers and ultimate consumers (people like you and me).
133.
reverse logistics
a)
a stated opinion about the right thing to do in a particular situation
b)
looking directly at the people you are talking or listening to
c)
The area of logistics that involves bringing goods back to the manufacturer because of defects or for recycling materials.
d)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
134.
quality
a)
A form of business in which two or more people agree to jointly own a business.
b)
the enjoyment a worker gets from feeling that they have done a good job
c)
to produce a good or a service which meets customer expectations
d)
to place money in a bank; or money placed in a bank
135.
quality control
a)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
b)
a person who provides expert advice to a company
c)
when a vacancy is filled by someone who is not an existing employee and will be new to the business
d)
The checking for quality at the end of the production process, whether it is the production of a product or service.
136.
quality assurance
a)
The checking for the quality standards throughout the production process, whether it is the production of a product or service.
b)
The stock of raw materials, work-in-progress and finished goods held by a business.
c)
correct, exact, and without any mistakes
d)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
137.
Total Quality Management (TQM)
a)
temporary failure to act in the correct way
b)
standards of business behavior that promote human welfare and the good
c)
The checking for quality at the end of the production process, whether it is the production of a product or service.
d)
the continuous improvement of products and processes by focusing on quality at each stage of production
138.
market
a)
Manufactures goods using the raw materials provided by the primary sector
b)
fill (something) up again.
c)
the set of all actual and potential buyers of a product or service
d)
believing that the group is more important than the individual
139.
market leader
a)
designing and managing the flow of goods, information and other resources
b)
- introducing ways to give job satisfaction
c)
the company with the largest market share
d)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
140.
marker nicher
a)
providing a large amount of good things
b)
a small company that concentrates on one or more particular niches or small market segments
c)
the power to give instructions to people at the level below in the chain of command
d)
purchase, sale, or exchange of goods and services across national borders
141.
market research
a)
the collection, analysis and reporting of data relevant to a specific marketing situation
b)
taking decision away form the centre of an organization - way from the Head Office
c)
understanding or knowing without consciously using reason
d)
a plan or principle designed to achieve marketing objectives
142.
market segment
a)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
b)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
c)
Part of a market that contains a group of buyers with similar buying habits, such as age or income.
d)
the organization that takes care of advertising for clients
143.
Market Segmentation
a)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
b)
taking decision away form the centre of an organization - way from the Head Office
c)
Manufactures goods using the raw materials provided by the primary sector
d)
the state of being successful and having a lot of money
144.
market share
a)
decreasing the number of permanent employees
b)
the sales of a company expressed as a percentage of total sales in a given market
c)
a culture whereby most communications take place through verbal language and rules are directly written out or stated for all to view
d)
a model showing the increases and decreases in a nation's real GDP over time; this model typically demonstrates an increase in real GDP over the long run, combined with short-run fluctuations in output.
145.
marketing channel
a)
preparing financial statements showing income and expenditure, assets and liabilities
b)
A form of business in which two or more people agree to jointly own a business.
c)
the set of intermediaries a company used to get its goods to their end users
d)
reducing demands or changing opinions in order to agree
146.
marketing mix
a)
humans have two sets of needs: one is for the basic needs, which he callled hygiene factors or needs, and the second is for a human being to be able to grow psychologically, which he called motivational needs or motivators
b)
extra tasks are added to the job to make it more interesting
c)
the set of all the various elements in a marketing programme, and the way a company integrates them
d)
standards of business behavior that promote human welfare and the good
147.
marketing strategy
a)
a plan or principle designed to achieve marketing objectives
b)
a deposit account that generally earns higher interest than an interest-bearing checking account. Savings accounts limit the number of certain types of transfers or withdrawals you can make from the account each monthly statement cycle
c)
A form of business in which two or more people agree to jointly own a business.
d)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
148.
product life cycle
a)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
b)
a person who provides expert advice to a company
c)
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives
d)
the standard pattern of sales of a product over the period that it is marketed
149.
advertorial
a)
a paid-for advertisement which includes editorial content; normally identified in a print magazine with the word "Advertisement" printed as a head across the top of the page to distinguish it from genuine editorial content
b)
Outlines the responsibilities and duties to be carried out by someone employed to do a specific job
c)
A production method that involves reducing or virtually eliminating the need to hold inventories of raw materials or unsold inventories of the finished product. Supplies arrive just at the time they are needed.
d)
adding tasks that require more skill and/or more responsibility
150.
advertising agency
a)
when a vacancy is filled by someone who is not an existing employee and will be new to the business
b)
getting rid of things which are no longer useful or wanted
c)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
d)
the organization that takes care of advertising for clients
151.
advertising campaign
a)
property: buildings such as offices, houses, flats (BrE) or apartments (AmE)
b)
the enjoyment a worker gets from feeling that they have done a good job
c)
to give someone else repsponsibility for doing something instead of you
d)
a time-limited set of ads-campaigns may run across different media, and for one month or ten years, but can be categorized together as they are the execution of a central idea
152.
demographics
a)
a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not
b)
independent, able to take decisions without consulting someone at the same level higher in the chain of command
c)
describing an audience by age, gender, ethnicity, or location - i.e the facts about them
d)
without any particular abilities acquired by training
153.
focus groups
a)
The liability of shareholders in a company is only limited to the amount they invested
b)
to be responsible to someone and to take instructions from them
c)
to cut into someone else's turn to speak
d)
small, select groups representing a target audience who are paid to answer questions at the behest of a market research organization
154.
product placement
a)
looking directly at the people you are talking or listening to
b)
the practice of aying for a branded product to be used by a character in a movie - e.g James Bond driving a BMW Z3
c)
the potential cost of taking a chance
d)
a statement of what is expected to happen in the future
155.
product positioning
a)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
b)
the standard pattern of sales of a product over the period that it is marketed
c)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
d)
when banks have enough money to cover potential losses. Banks are expected to maintain a sufficient level of capital to remain solvent and avoid failure. The FDIC and other federal regulators work with banks to maintain standards for solvency
156.
USP
a)
people who have responsibility for people below them in the hierachy of an organization
b)
a highlighted benefit of a product which makes it stand out from all rival brands
c)
to place money in a bank; or money placed in a bank
d)
the phase of the business cycle during which output is increasing
157.
deposit
a)
the continuous improvement of products and processes by focusing on quality at each stage of production
b)
to place money in a bank; or money placed in a bank
c)
the set of all the various elements in a marketing programme, and the way a company integrates them
d)
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers.
158.
liquidity
a)
the potential cost of taking a chance
b)
humans have two sets of needs: one is for the basic needs, which he callled hygiene factors or needs, and the second is for a human being to be able to grow psychologically, which he called motivational needs or motivators
c)
to be responsible to someone and to take instructions from them
d)
available cash, and how easily other assets can be turned into cash
159.
collateral
a)
a person with a less important position in an organization
b)
official rules or the act of controlling something
c)
Part of a market that contains a group of buyers with similar buying habits, such as age or income.
d)
anything that acts as a security or guarantee for a loan
160.
a mortgage
a)
things that cause difficulties
b)
a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are divided into principal and interest. The property then serves as collateral to secure the loan
c)
the organization that takes care of advertising for clients
d)
the fear that you might lose a job
161.
overdraft
a)
the company with the largest market share
b)
something that occurs when you make a purchase with your debit care or write a check for an amount that exceeds your checking account's available balance. Many bank accounts offer overdraft protection to help avoid overdraft fees. Some banks don't charge overdraft fees at all
c)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
d)
the levels of management and division of responsibilities within an organization
162.
a current account
a)
a paid-for advertisement which includes editorial content; normally identified in a print magazine with the word "Advertisement" printed as a head across the top of the page to distinguish it from genuine editorial content
b)
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers.
c)
increasing or decreasing more and more quickly as time passes
d)
an account at a bank which checks can be drawn by the acoount depositor; a checking account
163.
a savings account
a)
increasing or decreasing more and more quickly as time passes
b)
the process of evaluating candidates for a specific job and selecting an individual for employment based on the needs of the organisation
c)
a deposit account that generally earns higher interest than an interest-bearing checking account. Savings accounts limit the number of certain types of transfers or withdrawals you can make from the account each monthly statement cycle
d)
a statement of what is expected to happen in the future
164.
a deposit account
a)
Provides services to consumers and the other sectors of industry
b)
knowing that there is little risk of losing one's employment
c)
A duty or tax levied upon goods transported from one customs area to another, for either protective or revenue purposes
d)
a bank account maintained by a financial institution in which a customer can deposit and withdraw money
165.
solvency
a)
when banks have enough money to cover potential losses. Banks are expected to maintain a sufficient level of capital to remain solvent and avoid failure. The FDIC and other federal regulators work with banks to maintain standards for solvency
b)
the potential cost of taking a chance
c)
standards of business behavior that promote human welfare and the good
d)
- monetary rewards
166.
maturity date
a)
the enjoyment a worker gets from feeling that they have done a good job
b)
a situation of danger or difficulty
c)
this is the date of expiration for the contractual obligation of a financial instrument
d)
the most senior manager responsible for the overall performance and success of a company
167.
cost accounting
a)
calculating all the expenses involved in producing something, including materials, labour, and all other expenses
b)
purchase, sale, or exchange of goods and services across national borders
c)
a paid-for advertisement which includes editorial content; normally identified in a print magazine with the word "Advertisement" printed as a head across the top of the page to distinguish it from genuine editorial content
d)
the practice of aying for a branded product to be used by a character in a movie - e.g James Bond driving a BMW Z3
168.
tax accounting
a)
adding tasks that require more skill and/or more responsibility
b)
regularly switching between different tasks
c)
calculating how much an individual or a company will have to pay to the local and national governments (and trying to reduce this to a minimum)
d)
able to move quickly and easily
169.
auditing
a)
inspecting and reporting on accounts and financial records
b)
a culture in which the rules of communication are primarily and dominantly transmitted through the use of contextual elements. These include specific forms of body language, the social or familial status of an individual, and the tone of voice employed during speech. This culture usually do not have rules that are explicitly written or stated
c)
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives
d)
the continuous improvement of products and processes by focusing on quality at each stage of production
170.
accounting
a)
taking decision away form the centre of an organization - way from the Head Office
b)
preparing financial statements showing income and expenditure, assets and liabilities
c)
the production of very large quantities of identical goods using a continuously moving process
d)
The area of logistics that involves managing the flow of finished products and information to business buyers and ultimate consumers (people like you and me).
171.
managerial (or management) accounting
a)
providing information that will allow a business to make decisions, plan future operations and develop business strategies
b)
The factors that must be present in the workplace to prevent job dissatisfaction
c)
the process of evaluating candidates for a specific job and selecting an individual for employment based on the needs of the organisation
d)
the level of output an economy can achieve when it is producing at full employment; when an economy is producing at its potential output, it experiences only its natural rate of unemployment, no more and no less.
172.
creative accounting
a)
using all available accounting procedures and tricks to disguise the true financial position of a company
b)
a person with a less important position in an organization
c)
to examine a machine and repair any faulty parts
d)
factors that influence the behavior of workers towards achieving business goals, and can be increased by
173.
bookeeping
a)
to organize a company, business, or system in a new way to make it operate more effectively
b)
writing down the details of transactions (debits and credits)
c)
a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are divided into principal and interest. The property then serves as collateral to secure the loan
d)
the situation when something is not likely to change
174.
cash flow statement
a)
a statement giving details of money coming into and leaving the business, divided into day-to-day operations, investing and financing
b)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
c)
the central part of something
d)
the sales of a company expressed as a percentage of total sales in a given market
175.
income statement
a)
the extent to which a person has skills that employers want
b)
a statement showing the difference betwwen the revenues and expenses of a period
c)
done with the hands
d)
the set of all actual and potential buyers of a product or service
176.
balance sheet
a)
the obtaining of supplies
b)
a statement showing the value of a business's assets, its liabilites, and its capital or shareholder's equity
c)
The checking for the quality standards throughout the production process, whether it is the production of a product or service.
d)
a small company that concentrates on one or more particular niches or small market segments
177.
business cycle model
a)
a model showing the increases and decreases in a nation's real GDP over time; this model typically demonstrates an increase in real GDP over the long run, combined with short-run fluctuations in output.
b)
- introducing ways to give job satisfaction
c)
the sales of a company expressed as a percentage of total sales in a given market
d)
to make a company, way of working, etc. more effective usually by combining or stopping particular activities, or by employing fewer people
178.
expansion
a)
the phase of the business cycle during which output is increasing
b)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
c)
writing down the details of transactions (debits and credits)
d)
when GDP begins to increase following a contraction and a trough in the business cycle; an economy is considered in recovery until real GDP returns to its long-run potential level
179.
recession
a)
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organization's goals and objectives
b)
Provides services to consumers and the other sectors of industry
c)
to do something when necessary without having already planned it
d)
the phase of the business cycle during which output is falling
180.
depression
a)
factors that influence the behavior of workers towards achieving business goals, and can be increased by
b)
The sale of state-owned assets to the private sector.
c)
a deep and prolonged recession
d)
The structure in an organisation which allows instructions to be passed down from senior management to lower levels of management.
181.
peak
a)
an account at a bank which checks can be drawn by the acoount depositor; a checking account
b)
the turning point in the business cycle between an expansion and a contraction; during a peak in the business cycle, output has stopped incresaing and begins to decrease
c)
the company with the largest market share
d)
the value of a business activity
182.
trough
a)
The area of logistics that involves bringing raw materials, packaging, other goods and services, and information from suppliers to producers.
b)
A production method that involves reducing or virtually eliminating the need to hold inventories of raw materials or unsold inventories of the finished product. Supplies arrive just at the time they are needed.
c)
firmly fixed in something or part of something
d)
the turning point in the business cycle between a recession and an expansion; during a trough in the bussiness cycle, output that had been falling during the recession stage of the business cycle bottoms out and begins to increase again
183.
recovery
a)
a time-limited set of ads-campaigns may run across different media, and for one month or ten years, but can be categorized together as they are the execution of a central idea
b)
when GDP begins to increase following a contraction and a trough in the business cycle; an economy is considered in recovery until real GDP returns to its long-run potential level
c)
products sold to other countries
184.
potential output
a)
the level of output an economy can achieve when it is producing at full employment; when an economy is producing at its potential output, it experiences only its natural rate of unemployment, no more and no less.
b)
a statement showing the value of a business's assets, its liabilites, and its capital or shareholder's equity
c)
The stock of raw materials, work-in-progress and finished goods held by a business.
d)
the situation when something is not likely to change
185.
growth trend
a)
The area of logistics that involves managing the flow of finished products and information to business buyers and ultimate consumers (people like you and me).
b)
involves being trained away from the workplace, usually by specialist trainers
c)
the straight line in the business cycle model, which is usually upward sloping and shows the long-run pattern of change in real GDP over time
d)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
186.
positive output gap
a)
business owned and operated by one person
b)
the difference between actual output and potential output when an economy is producing more than full employment output; when there is a positive output gap, the rate of unemployment is less than the natural rate of unemployment and an economy is operating outside of its PPC.
c)
the average person is motivated by internal factors. To motivate workers, you need to find ways to help workers take an interest in their work, e.g give rewards, incentives
d)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
187.
negative output gap
a)
the difference between actual output and potential output when an economy is producing less than full employment output; when there is a negative output gap, the rate of unemployment is greater than the natural rate of unemployment and an economy is operating inside its PPC.
b)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
c)
a new industry, which in its early stages experiences relative difficulty or is absolutelt incapable of competing with established competitors abroad
d)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
188.
ethnical standard
a)
the set of intermediaries a company used to get its goods to their end users
b)
a rule for moral behaviour in a particular area
c)
the average person does not like work. Workers must be constantly supervised so they will work. Motivation is from external factors, e.g. oay schemes where workers are paid more for increased output
d)
a guess of what the size or amount of something might be
189.
ethical behviour
a)
doing things that are morally right
b)
writing down the details of transactions (debits and credits)
c)
a statement of what is expected to happen in the future
d)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
190.
ethical lapse
a)
temporary failure to act in the correct way
b)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
c)
establishing the market niche of a product - which may not be as the brand leader - and advertising to the appropriate segment of the audience
d)
firmly fixed in something or part of something
191.
ethical dilemma
a)
to place money in a bank; or money placed in a bank
b)
Production of one item at a time.
c)
the section of the economy under government control
d)
a choice between two actions that might both be morally wrong
192.
ethical stance
a)
factors that influence the behavior of workers towards achieving business goals, and can be increased by
b)
a stated opinion about the right thing to do in a particular situation
c)
an introduction given to a new employee, explaining the business's activities, customs and procedures and introducing them to their fellow workers
d)
a person who provides expert advice to a company
193.
ethical issue
a)
occurs by watching a more experienced worker doing the job
b)
the most senior manager responsible for the overall performance and success of a company
c)
- monetary rewards
d)
an area where moral behaviour is important
194.
business ethics
a)
the obtaining of supplies
b)
standards of business behavior that promote human welfare and the good
c)
to produce a good or a service which meets customer expectations
d)
businesses owned by shareholders but they can sell shares to the public and their shares are tradeable on the Stock Exchange
195.
Corporate Social Responsibility (CSR)
a)
a statement giving details of money coming into and leaving the business, divided into day-to-day operations, investing and financing
b)
able to move quickly and easily
c)
a company's commitment to improving or enhancing community well-being throuugh discretionary contributions of corporate resources. There are five dimensions of CSR: Environment, Social, Economic, Stakeholder, and Volunteerism
d)
changing or improving a product or service
196.
job insecurity
a)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
b)
has both a private sector and a public sector
c)
a system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions
d)
the fear that you might lose a job
197.
employability
a)
the extent to which a person has skills that employers want
b)
an account at a bank which checks can be drawn by the acoount depositor; a checking account
c)
decreasing the number of permanent employees
d)
the organization that takes care of advertising for clients
198.
downsizing
a)
the act of dividing a market into distinct groups of buyers who have different requirements or buying habits
b)
decreasing the number of permanent employees
c)
able to move quickly and easily
d)
the central part of something
199.
core
a)
Manufactures goods using the raw materials provided by the primary sector
b)
the central part of something
c)
Outlines the responsibilities and duties to be carried out by someone employed to do a specific job
d)
an individual who is in charge of a certain group of tasks, or a certain area or department of a business
200.
efficiency
a)
a situation in which a person, company, factor, etc. uses resources such as time, materials, or labour well, without wasting any
b)
restriction on the amount (measured in units or weight) of a good that can enter or leave a country during a certain period of time
c)
doing things that are morally right
d)
the distribution of power among individuals within a culture and how well unequal levels of power are accepted by those with less power
201.
rationalization
a)
things that encourage people to do something
b)
the state of being successful and having a lot of money
c)
calculating all the expenses involved in producing something, including materials, labour, and all other expenses
d)
to make a company, way of working, etc. more effective usually by combining or stopping particular activities, or by employing fewer people
202.
redundancy package
a)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
b)
a statement of what is expected to happen in the future
c)
temporary failure to act in the correct way
d)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
203.
restructing
a)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
b)
products sold to other countries
c)
the phase of the business cycle during which output is falling
d)
to organize a company, business, or system in a new way to make it operate more effectively
204.
delocalization
a)
The process from identifying that the business needs to employ someone up to the point at which applications have arrived at the business
b)
a company's commitment to improving or enhancing community well-being throuugh discretionary contributions of corporate resources. There are five dimensions of CSR: Environment, Social, Economic, Stakeholder, and Volunteerism
c)
to move the location of an enterprise
d)
things that encourage people to do something
205.
international trade
a)
things that cause difficulties
b)
a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not
c)
purchase, sale, or exchange of goods and services across national borders
d)
the levels of management and division of responsibilities within an organization
206.
free trade
a)
the set of all the various elements in a marketing programme, and the way a company integrates them
b)
a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade
c)
the fear that you might lose a job
d)
extra tasks are added to the job to make it more interesting
207.
protectionism
a)
the economic policy of restraining trade between nations, through methods such as tariffs on imported goods, restrictive quotas, and a variety of other foreign take-over of local markets and companies
b)
doing things that are morally right
c)
inspecting and reporting on accounts and financial records
d)
official rules or the act of controlling something
208.
trade barriers
a)
available cash, and how easily other assets can be turned into cash
b)
a culture in which the rules of communication are primarily and dominantly transmitted through the use of contextual elements. These include specific forms of body language, the social or familial status of an individual, and the tone of voice employed during speech. This culture usually do not have rules that are explicitly written or stated
c)
Specialists who provide support, information and assistance to line managers
d)
government laws, regulations, policies or practices that either protect domestic products from foreign competition or artificially stimulate exports of particular domestic products
209.
tariff
a)
the set of intermediaries a company used to get its goods to their end users
b)
the levels of mangament in any organization, from the highest to the lowest. A level of hierachy refers to managers/supervisors, other emplyoess who are given a similar level of responsibility in an organization
c)
A duty or tax levied upon goods transported from one customs area to another, for either protective or revenue purposes
d)
the section of the economy under government control
210.
quota
a)
providing a large amount of good things
b)
the phase of the business cycle during which output is increasing
c)
restriction on the amount (measured in units or weight) of a good that can enter or leave a country during a certain period of time
d)
A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.
211.
absolute advantage
a)
all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed
b)
doing things that are morally right
c)
ability of a nation to produce a good more efficiently than any other nation
d)
a new industry, which in its early stages experiences relative difficulty or is absolutelt incapable of competing with established competitors abroad
212.
comparative advantage
a)
a stated opinion about the right thing to do in a particular situation
b)
things that cause difficulties
c)
The process of converting resources (factors of production)—land, labor, capital, and entrepreneurial ability—into goods and services.
d)
inability of a nation to produce a good more efficiently than other nations but an ability to produce that good more efficiently than it does any other good
213.
an infant industry
a)
a new industry, which in its early stages experiences relative difficulty or is absolutelt incapable of competing with established competitors abroad
b)
a small company that concentrates on one or more particular niches or small market segments
c)
the distribution of power among individuals within a culture and how well unequal levels of power are accepted by those with less power
d)
the complex system of values, traits, morals, and customs shared by a society
214.
a strategic industry
a)
the model divides humans into 3 clear categories, based not on nationality or religion but on BEHAVIOUR, namely, linear-active, multi-active, and reactive
b)
the value of a business activity
c)
an industry which is essential for the promotion or stabilization of the growth of the locality in which that industry is situated
d)
The sale of state-owned assets to the private sector.
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