Business Concepts Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What is the main characteristic of a Public Limited Company (PLC)?

  • Owned by a single individual
  • Cannot sell shares to the public
  • Can sell shares to the public (correct)
  • Operates in only one country

What action is taken when a business engages in retrenchment?

  • Downsizing operations by reducing employees (correct)
  • Expanding into new markets
  • Opening new branches
  • Increasing the number of employees

What does a green audit primarily focus on?

  • Employee performance evaluations
  • Business's impact on the environment (correct)
  • Customer satisfaction surveys
  • Financial statements of a business

In which situation would a business be using viral marketing?

<p>Using online platforms to encourage sharing of a campaign message (A)</p> Signup and view all the answers

What does the term 'domestically' refer to?

<p>Operations within the home country (C)</p> Signup and view all the answers

What is the primary purpose of a tariff?

<p>To encourage international trade (A)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Basics of Business Concepts
40 questions
Business Concepts in Botswana
10 questions
Test general innovation
41 questions

Test general innovation

EnchantedQuadrilateral9929 avatar
EnchantedQuadrilateral9929
Research and Development: Concepts
20 questions
Use Quizgecko on...
Browser
Browser