Basics of Business Management

Froggy Jumps

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Quiz on core BM concepts

Créé par

Connie Minnaar

South Africa

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Basics of Business Management

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Basics of Business Management


Froggy Jumps Basics of Business ManagementVersion en ligne Quiz on core BM concepts par Connie Minnaar 1 What is a business management goal mentioned in the materials? a Gain profit and satisfy customers' needs b Expand only through marketing c Maximize secrecy and avoid taxes 2 Which is a key activity in management according to the text? a Only sell and advertise b Plan, organize, lead and control resources c Ignore community relations 3 Maslow's hierarchy helps businesses understand ___. a inventory turnover b customer needs and wants c employee payroll cycles 4 Which item is a tangible product example from the notes? a Haircut service b Consulting advice c Fruit 5 What are the four factors of production listed? a Inputs, outputs, processes, risks b Markets, policies, taxes, subsidies c Natural resources, capital, labour, entrepreneurship 6 What is a service as defined in the slides? a A physical good only b An intangible act or process c A monetary transaction 7 How does a business interact with the community, per the case study? a By isolating from local events b By employing locals and paying taxes c By avoiding local suppliers 8 Which concept differentiates a need from a want? a Wants are essential; needs are optional b Needs are essential; wants are optional c Both are always essential 9 Which statement about Case Jasmine is supported by the text? a She opened a factory immediately b She stopped after her first order c She started baking and later expanded to a dedicated premises 10 What does entrepreneurship mean in the context of the factors of production? a Combining other factors with innovation to form a business b Selling products abroad c Hiring only engineers

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Basics of Business Management

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Basics of Business ManagementVersion en ligne

par Connie Minnaar

What is a business management goal mentioned in the materials?

Which is a key activity in management according to the text?

Maslow's hierarchy helps businesses understand ___.

Which item is a tangible product example from the notes?

What are the four factors of production listed?

What is a service as defined in the slides?

How does a business interact with the community, per the case study?

Which concept differentiates a need from a want?

Which statement about Case Jasmine is supported by the text?

What does entrepreneurship mean in the context of the factors of production?