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11 questions
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- Multiple ChoicePlease save your changes before editing any questions.
Price x quantity = ??????
Break Even
Net Profit
Revenue
Gross Profit
- Multiple ChoicePlease save your changes before editing any questions.
What is an advantage of Organic Growth????
Can take a long time to grow internally
Better control and coordination
Can take long time to adapt to big changes in the market
Market size not affected by organic growth
- Multiple ChoicePlease save your changes before editing any questions.
What are the two types of market research data???
Competition
Qualitative
Target Market
Quantitative
- Multiple ChoicePlease save your changes before editing any questions.
Which of these businesses are ethical?????
Nike
Coca Cola
Starbucks
Amazon
- Multiple ChoicePlease save your changes before editing any questions.
What is the marketing mix????
Price, Product, Promotion, Place
Functions, Cost, Aesthetics
Process, Produce, Price, purchase
Introduction, Growth, Maturity, Decline
- Multiple ChoicePlease save your changes before editing any questions.
What does JIT stand for????
Jump In Time
Just In Time
Job In Trade
Jump Into takeover
- Multiple ChoicePlease save your changes before editing any questions.
What is this???
Stock Level Diagram
Business Level Graph
Bar Gate Diagram
Bar Fence Diagram
- Multiple ChoicePlease save your changes before editing any questions.
What comes first in the product life cycle????
Decline
Introduction
Maturity
Growth
- Multiple ChoicePlease save your changes before editing any questions.
What is the equation for Gross Profit???
cost of sales - sales revenue
sales revenue / cost of sales
cost of sales / sales revenue
Sales revenue -cost of sales
- Multiple ChoicePlease save your changes before editing any questions.
A takeover is when a business buys over how much % of a businesses share capital??
25%
50%
75%
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following is an internal source of finance???
Share capital
Selling assets
Loan capital
Sales revenue