A company has ₱500,000 in revenue and ₱350,000 in expenses. What is its profit?
₱150,000
What is the term for the process of introducing a new employee to the company, role, and policies?
Onboarding
What do you call the point in a process that limits the overall speed or output?
Bottleneck
What do you call the specific group of consumers a company wants to reach?
Target market
What does KPI stand for?
Key Performance Indicator
What financial statement shows assets, liabilities, and equity at a specific point in time?
Balance Sheet
What HR metric measures how many employees leave a company during a period?
Turnover rate
What is the term for keeping extra inventory to prevent stockouts?
Safety stock
What are the 4 Ps of marketing?
Product, Price, Place, Promotion
What do you call a company’s unique strength that helps it outperform competitors?
Competitive advantage
If a company’s expenses are higher than its revenue, what is it experiencing?
A loss / Net loss
What is the process of evaluating whether an applicant’s skills and experience match the job requirements?
Screening / Candidate screening
What operations concept focuses on eliminating waste while keeping value for the customer?
Lean management
What is the term for dividing a market into smaller groups based on similar needs or characteristics?
Market segmentation
What business analysis tool examines Strengths, Weaknesses, Opportunities, and Threats?
SWOT analysis
What does it mean when a business has positive cash flow?
More cash is coming in than going out
What do you call the planned development of employees’ skills to prepare them for future roles?
Training and development / Upskilling
If demand suddenly increases and a company cannot produce enough, what type of issue is this?
Capacity issue / Capacity constraint
What is the process of building a distinct image or identity for a product or company?
Branding
What does B2B mean?
Business-to-Business
What financial metric measures how much profit is made from each peso of sales?
Profit margin
What type of interview question asks candidates to describe how they handled a past situation?
Behavioral interview question
What do you call the full network involved in moving goods from suppliers to customers?
Supply chain
What marketing metric measures the percentage of people who take a desired action, such as signing up or buying?
Conversion rate
What do you call the strategy of assigning certain tasks or services to an external provider?
Outsourcing