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Home> Quiz> Quiz General knowledge> Business studies keywords

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Home> Quiz> Quiz General knowledge> Business studies keywords

Classic Quiz

Quiz Business studies keywords

Classic Quiz

Quiz Business studies keywords

Allenjohn06

175 played - 13 yrs ago

A quiz for my business studies gcse class

Medium

medium

30

QUESTIONS

hard

Question 1 / 30

What is horizontal integration?

Joining two firms in the same industry.

Joining two firms in the same industry and stage of production.

Integrating in a straight line.

medium

Question 2 / 30

What is organic growth?

Expansion in trees

Expansion in the business

Plants growing

medium

Question 3 / 30

What is market share?

Sharing a market

A kind type of market

The proportion of the total market sales sold by one business

medium

Question 4 / 30

What are economies of scale?

When the cost per unit decreases as the business grows.

A careful scale

Political sales

medium

Question 5 / 30

What are dis-economies of scale?

Nasty scales

When the cost per unit increases as the business grows.

Evil political scales

medium

Question 6 / 30

What is inorganic growth?

Expansion by merging or taking other other businesses

Using fertiliser

Genetically altered man eating trees

medium

Question 7 / 30

What is vertical backward integration?

Joining two firms in same industry but different stage of production e. g : manufacturer buys supplier.

Walking backwards.

Taking other a bad business.

medium

Question 8 / 30

What is vertical forward integration?

Taking over a advanced business.

Walking forwards.

Joining two firms in same industry but different stage of production e. g : manufacturer buys retailer.

expert

Question 9 / 30

What is diversification?

Joining two firms from different industries.

Making different products.

Being different from competitiors.

expert

Question 10 / 30

What does Ltd mean?

Limited company

Limited company sold privately

Limited company sold on stock exchange

hard

Question 11 / 30

What does Plc mean?

Limited company sold on stock exchange

Limited company

Limited company sold privately

medium

Question 12 / 30

What does Agm mean?

Annual general meeting

Automatic giving machine

Awesome name

medium

Question 13 / 30

We can say limited liability ________ .

Is only liable for debt equal to initial investment

Has limited use

May turn on leader at moments notice

hard

Question 14 / 30

What is incorporation?

Shareholders seen as separate from workers

Shareholders seen as separate from customers

Shareholders seen as separate from business

expert

Question 15 / 30

Whats are shareholders?

Owners of businesses

Owners of companies

Part of the business

medium

Question 16 / 30

A memorandum of association __________ .

Shows external considerations for external stakeholders

Is a piece of paper

Associates rights

medium

Question 17 / 30

Articles of association ______________ .

Mean a cabinet full of files

Show the internal considerations for internal stakeholders

Are details of the associates

medium

Question 18 / 30

What is the stock market?

A massive wholesalers

A magical place where money is spent.

A place where shares are bought and sold.

medium

Question 19 / 30

What is an ombodsman?

A government person who maintains fairness in an industry.

A weird bald man

A bank manager

medium

Question 20 / 30

What are aims, for a company?

A business goal or target they might reach.

A business goal or target they hope to reach.

A business goal or target they can't reach.

hard

Question 21 / 30

What is an objective?

Specific, measurable target that outlines how the company will achieve that aim.

Specific, measurable target that outlines how the company will not achieve that aim.

Specific, measurable target that outlines how the company can achieve that aim.

hard

Question 22 / 30

What is the definition of an ethical objective?

It's where a business helps out the world problems.

It's where a business donates to charity.

It's where a business aims to do the right thing.

medium

Question 23 / 30

What does "environmental objective" mean?

Where a business aims to protect the people.

Where a business aims to protect the enviroment.

Where a business aims to protect the government.

hard

Question 24 / 30

What is private cost?

Costs a worker faces.

Costs a customer faces.

Costs a business faces.

hard

Question 25 / 30

What is private benefit?

Benefits a business recieves

Benefits a customer recieves

Benefits a worker recieves

medium

Question 26 / 30

What is social cost?

Costs to a business

Costs to society

Costs to the enviroment

medium

Question 27 / 30

What is social benefit?

Benefits to the government

Benefits to a business

Benefits to society

medium

Question 28 / 30

What is meant by 'location'?

Where a business is moving to

Where a business is geographically located

Where a business plans to open up

hard

Question 29 / 30

What is a quota?

A limit on the number of goods of a particular type that can be transported

A limit on the number of goods that can be transported

A limit on the number of goods of a particular type that can't be transported

hard

Question 30 / 30

What is tariff?

Tax on imports

Price of contract

Tax on exports

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General knowledge

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Quiz Business Quiz

215 played - 17 yrs ago

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3 003 played - 19 yrs ago

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404 played - 7 yrs ago

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5 457 played - 13 yrs ago

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