Business Concepts and Definitions Quiz

Insight

• Understanding or knowledge gained through observation or reflection.

Demonstration

• Showing how something works, typically with a practical example.

Reinforce

• Strengthen or support something already existing.

Potential

• Capability for future development or achievement.

Progress

• Forward movement towards a goal.

Invest

• Put money into a venture with the hope of future profit.

Turn Off

• To cease functioning or operating.

Productive/Unproductive

• Being useful and effective versus being wasteful and ineffective.

Implement

• Put something into practice or action.

Firm

• Strong and determined in one's opinions or actions.
• A company or organization.

Consistent

• Regular and unchanging.

Economical

• Using resources efficiently and avoiding waste.

Partnership

• A relationship between two or more people or organizations who work together to achieve a common aim.

Efficiency

• The state or quality of being efficient, or acting or producing effectively with minimal waste.

Streamlining

• Making a process more efficient by simplifying it.

Workflow

• The sequence of operations that leads to the completion of a task.

Proactive

• Taking initiative and acting to prevent problems before they occur.

Initiative

• The ability to take action without being directed.

Problem-solving

• The process of finding solutions to problems.

Decision-making

• The process of choosing between different options.

Collaboration

• Working together to achieve a common goal.

Accountability

• Being responsible for one's actions and their consequences.

Follow-through

• Completing tasks or projects to the end.

Innovation

• Introducing new ideas, methods, or products.

Leadership

• The ability to guide others through a vision and inspire them to achieve a goal.

Insight

• A deep understanding of a situation or subject.

Demonstration

• A practical display or showing of how something is done.

Reinforce

• To strengthen or support something further.

Potential

• The possibility that something may happen or be successful.

Progress

• Movement forward or towards a goal.

Invest

• To put money or effort into something with the hope of a future benefit.

Turn off

• To stop working or functioning.

Productive/Unproductive

• Productive refers to work that results in useful output, while unproductive work results in little or no useful output.

Implement

• To put a plan or idea into action.

Firm

• Strong, steady, and unlikely to change or fail.

Consistent

• Happening or existing in a regular and unchanging way.

Economical

• Using resources in a way that is careful and avoids waste.

Partnership

• A relationship where two or more people or organizations work together.

Efficiency

• The ability to work well and avoid wasting time and resources.

Streamlining

• Making a process or organization more efficient by simplifying it.

Workflow

• The sequence of tasks or activities that are performed to complete a process.

Proactive

• Taking action to deal with a situation before it becomes a problem.

Initiative

• The ability to act independently and start something new.

Problem-solving

• The process of finding solutions to problems.

Decision-making

• The process of choosing a course of action.

Collaboration

• Working together with others to achieve a common goal.

Accountability

• Being responsible for your actions and the results of your work.

Follow-through

• Carrying out a plan or decision until the end.

Innovation

• The introduction of new ideas, methods, or products.

Leadership

• The ability to guide and motivate others to achieve a common goal.