Business Management - 1
What is "O" stand for in SWOT Analysis?
What is an opportunity
The "L" in STEEPLE Analysis.
What is Legal.
What is "P" stand for in STEEPLE Analysis?
Political
What is "S" stand for in SWOT Analysis?
Strengths
What is "T" stand for in SWOT Analysis?
Threats
The first "4P"s of marketing?
What are Product, Price, Place, and Promotion
The other 3 - people, processes and physical evidence
Market Share
What is a measure of an organization's portion of the total value of sales in a specific industry?
What is a brand?
A name, term, design, or symbol that identifies a business or its products.
What is a stock?
A share of ownership in a company.
Raising finance for a business venture or project by collecting a small amount from many people, usually online.
What is Crowdfunding?
An employer.
What is someone who hires employees.
A Contract
What is a written agreement between two or more parties?
What is a competitor?
A business offering similar products or services targeting the same market
What is the term for the amount of money made by a business
"Revenue"
What does C2C stand for?
What is Cradle to Cradle design and manufacturing?
A form of business ownership in which the business is owned by two or more persons.
What is a partnership?
Ordinary partnerships has a maximum number of owners of 20 (depending on country).
The department of a corporation that prepares income statements and balance sheets?
What is Accounting
HL - Considers an organization's long term debt to determine this ratio?
HL - What is the Gearing Ratio?
Interviewing potential employees, orienting new employees, and being in charge of employee benefits are typical job duties.
What is Human Resources
Setting the initial price lower than all competitors/market.
What is a price penetration strategy?
A tax imposed on imported goods and services
What is a tariff?
The study of how organizations produce goods and services
What is operations management
Performing tests, inspections at all stages of production to ensure quality standards are met
What is quality control?
Haven't covered yet:)
Cash, stock and debtors
what are liquid assets?
The financial guarantee for securing external loan capital to finance investment expenditure for business growth.
What is collateral?