Business Management Quiz

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TheHitmanStewart
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Last updated: March 20, 2019
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First submittedMarch 20, 2019
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1. What is the only Factor that could impact Businesses internally and externally?
Social
Human Resources
Technological
Finance
2. Name the method of production that is where identical products are made on an assembly line?
Flow
Labour-Intensive Production
Capital-Intensive Production
Batch
3. Name the 4 Ps of the Marketing Mix
People, Physical Evidence, Product, Promotion
Process, Product, Price, Place
Place, Product, Price, Promotion
Place, People, Physical Evidence, Process
4. What is a job analysis?
A list of qualities a candidate must have for the job
A description of the job
A list of skills a candidate must have for the job
The process of finding the job vacancy
5. What is a reference?
Document from your current employer on details of the candidate
Document from the candidate on their details
A note at the end of an application
Document from your former employer on details of the candidate
6. What is Cost of Sales in retailing?
Cost of wages, electricity etc.
Cost of finished goods
Cost of merchandise
7. Name the two different types of Market Research
Table & Chair
Field & Chair
Desk & Chair
Desk & Field
8. What is a factor businesses might consider when choosing a supplier?
Lead Time
Personal Problems
Supplier's employees
Opening Times
9. What type of training gives the employee a qualification?
Introduction Training
On-The-Job Training
Off-The-Job Training
Induction Training
10. What type of training gives employees an introduction to the business?
Off-The-Job Training
Induction Training
On-The-Job Training
Introduction Training
11. Which of these is not a protected characteristic in the Equality Act, 2010?
Gender
Race
Disability
Intelligence
12. What is meant by a target market?
The process of grouping potential customers together
The percentage of a market held by an organisation
A group of consumers to whom a company wants to sell its products or services
13. Which of these businesses are not in the Private Sector
Public Limited Companies
Charities
Partnerships
Sole Traders
14. What do you add to fixed costs to make the Total Costs
Break Even Point
Sales Revenue
Variable Costs
Profits/Loss
15. What is the philosophy that all employees are responsible for the quality of a business’s products
Quality Materials
Quality Management
Quality Control
Quality Assurance
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