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Theme 1 & 2 Quiz - Statistics
General Stats
- This quiz has been taken 11 times
- The average score is 10 of 75
Answer Stats
| Title | Answer | % Correct |
|---|---|---|
| 3 Profit Objectives | Profit maximisation | 100%
|
| Sales maximisation | 100%
| |
| asymmetric information | 50%
| |
| 4 Factors of Production | capital | 50%
|
| competitive | 50%
| |
| 4 Objectives of Growth | economies of scale | 50%
|
| enterprise | 50%
| |
| grants/ subsides | 50%
| |
| Types of Integration | Horizontal Integration | 50%
|
| information gaps | 50%
| |
| labour | 50%
| |
| land | 50%
| |
| loan | 50%
| |
| monopolies | 50%
| |
| 6 Different pricing stratergies | penetration | 50%
|
| predatory | 50%
| |
| psychological | 50%
| |
| public goods | 50%
| |
| additional partnership | 0%
| |
| Three disadvantages of demand and supply model | assumes perfect competition | 0%
|
| brand strength | 0%
| |
| collaborative funding | 0%
| |
| competition | 0%
| |
| conglomerate integration | 0%
| |
| cost efficiency | 0%
| |
| cost plus | 0%
| |
| customer satisfaction | 0%
| |
| debt collection | 0%
| |
| 5 Factors that determine the most appropriate pricing stratergy | differentiation | 0%
|
| 3 Problems arising from growth | diseconomies of scale | 0%
|
| 4 Causes of Government Failure | Distortion of price signals | 0%
|
| economic instability | 0%
| |
| employee welfare | 0%
| |
| excessive administration costs | 0%
| |
| factoring | 0%
| |
| government grants | 0%
| |
| 3 Challenges in Obtaining credit | high interest rates | 0%
|
| hiring | 0%
| |
| indirect taxation | 0%
| |
| inequality | 0%
| |
| internal communications | 0%
| |
| labour immobility | 0%
| |
| leasing | 0%
| |
| market power | 0%
| |
| Market share | 0%
| |
| market share | 0%
| |
| merit and demerit goods | 0%
| |
| mortgage | 0%
| |
| External source of Finance | overdraft | 0%
|
| Internal sources of Finance | owners capital and savings | 0%
|
| PED | 0%
| |
| 7 Types of Market Failure | positive and negative externalities | 0%
|
| price skimming | 0%
| |
| products stage through the life cycle | 0%
| |
| profitability | 0%
| |
| 4 Types of Government Intervention | regulation/ legislation | 0%
|
| retained profit | 0%
| |
| return on investment | 0%
| |
| sale of fixed asset | 0%
| |
| Satisficing | 0%
| |
| share capital | 0%
| |
| simplistic assumptions | 0%
| |
| skill shortages | 0%
| |
| social objectives | 0%
| |
| strict lending conditions | 0%
| |
| SPICED | strong pound imports cheap exports dear | 0%
|
| 7 Non Profit Objectives | Survival | 0%
|
| time lags | 0%
| |
| trade credit | 0%
| |
| unintended consequences | 0%
| |
| venture capitalist | 0%
| |
| Vertical forward integration | 0%
| |
| vertically backwards integration | 0%
| |
| voluntary agreements | 0%
| |
| WPIDEC | weak pound imports dear exports cheap | 0%
|
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