Business Processes and Units Quiz

Business Processes and Units

• Unit 1: A series of actions to achieve a result is called a process. Processes can include "picking out," "dropping off," "choosing something," "making something out of something," "cutting down on something," collecting, establishing, creating, registering, or reducing something.
• Unit 2: Collecting funds from multiple people for a project is crowdfunding.
• Unit 2: Borrowed money with interest is a loan.
• Unit 2: Units of company ownership are often represented by shares.
• Unit 2: Ownership in a company is equity.
• Unit 2: The fee charged for a service is a commission.
• Unit 2: Aspiring or beginner businesspeople are budding entrepreneurs.
• Unit 2: Owners of a company are represented by shares, and profits paid to those shareholders are dividends.
• Unit 2: People interested in funding a project are potential investors.
• Unit 2: Predictions about future financial performance are called financial forecasts.
• Unit 3: Items created by hand, without machinery, are handmade.
• Unit 3: Intermediaries between producers and buyers are middlemen.
• Unit 3: Goods transported by ship, truck, or other means are referred to as a shipment.
• Unit 3: Stock of goods available is inventory.
• Unit 3: Space for displaying products is a showroom.
• Unit 3: The starting point or source of something is its origin.
• Unit 3: Monitoring or recording something is keeping track of something.
• Unit 3: A large truck with a trailer is an articulated lorry.
• Unit 3: Malicious software causing harm to systems is malware.
• Unit 4: General agreement among a group is consensus.
• Unit 4: A situation of hostility or argument is confrontation.
• Unit 4: A hostile or argumentative situation, is confrontation.
• Unit 4: Arranging by levels of importance is prioritizing.
• Unit 4: Arranging tasks by importance would be prioritizing.
• Unit 4: People deciding things by mutual agreement are compromising.
• Unit 4: Refusing a proposal or suggestion is rejecting an offer.
• Unit 4: A set of rules, or criteria is regulations.
• Unit 4: The use of advanced technology is described as hi-tech.
• Unit 4: Traditional is old-fashioned.

Specific Business Concepts and Units

• Unit 5: State-of-the-art, fully equipped, spacious, and open-plan describe a place.
• Unit 5: A place for food service is a canteen.
• Unit 5: Buildings for storing goods are warehouses.
• Unit 5: A room for a presentation is a presentation suite.
• Unit 5: Advanced or modern is futuristic.
• Unit 5: Comfortable is without stress, pressure, or worry.
• Unit 6: A creative idea or invention is a brainchild.
• Unit 6: Making significant changes is revolutionizing.
• Unit 6: Advanced and complex things are sophisticated.
• Unit 6: Good and dependable are reliable.
• Unit 6: Energetic and changing is dynamic.
• Unit 6: Modern and current are up-to-date.
• Unit 6: Something that causes change is a catalyst.
• Unit 6: That which blocks progress is an obstacle.

Employee and Business Practices and Units

• Unit 7: The CEO, or chief executive officer of a company is the top leader of the company.
• Unit 7: A company or person who manufactures goods is called a manufacturer.
• Unit 7: A failure of a system or process is a breakdown.
• Unit 7: Non-functioning or faulty is defective.
• Unit 7: Money returned for a poor or unwanted product is a refund.
• Unit 7: Harm to something is damage, Physical harm is injury.
• Unit 7: To fix a problem is to resolve, a failure is a breakdown.
• Unit 7: Explaining a lack of understanding is a misunderstanding.
• Unit 7: Information sharing in a company is Internal Communications.
• Unit 7: A flaw or imperfection is a defect.
• Unit 7: An expression of dissatisfaction is a complaint.
• Unit 8: Belief in one’s abilities is Enthusiasm.
• Unit 8: Adaptations to change is flexible.
• Unit 8: Putting in a lot of effort and diligence is hard-working.
• Unit 8: The ability to adapt to change is flexibility.
• Unit 8: Trustworthy people are dependable.

Environmental and Business Services Units

• Unit 8: Legal rules or laws are legislation.
• Unit 9: People who represent an organization are delegates.
• Unit 9: A large hall for events or performances is a venue.
• Unit 9: Facilities are building or equipment to support a purpose.
• Unit 9: A journey or trip is an excursion, or sightseeing.
• Unit 9: Laws made by government are legislation.
• Unit 9: Rules set by authorities are regulations.
• Unit 9: Legal authority over a region is jurisdiction.
• Unit 9: A short trip for leisure or study is an excursion.

Digital and Online Activities and Units

• Unit 10: Illegal online activity is cybercrime.
• Unit 10: Illegal activities conducted online are cybercrime.
• Unit 10: Legal online activity is cybercrime and security firm.
• Unit 10: Measures to protect online data is internet security.
• Unit 10: A location for events is a venue.
• Unit 10: Sharing information in an organization is called internal communications.
• Unit 10: To improve a system or device is upgrade.

Business Management and Practices and Units

• Unit 11: A Business selling directly to customers is a retailer.
• Unit 11: Customers' negative feelings about a business is a complaint.
• Unit 11: How something should happen is expressed as an expectation.
• Unit 11: Flexible working hours are flextime.
• Unit 11: An organizational structure chart is an organogram.
• Unit 12: Receiving salary during leave is full pay.
• Unit 12: Organised efforts to achieve a goal is campaign
• Unit 12: A person acting on behalf of others is a representative.
• Unit 12: Legal rules for work are employment law.
• Unit 12: Helping those in need is shown as charity.

Planning and Time Management Units

• Unit 13: A booklet with product or service information is a brochure.
• Unit 13: An achievement or event, is a milestone.
• Unit 13: A plan of activities over time is a schedule.
• Unit 13: Possible situation or sequence of events is a scenario.
• Unit 13: A booklet with product or service information is a brochure.
• Unit 13: A plan of activities over time is a schedule.
• Unit 13: To confirm something is certain is to confirm.
• Unit 13: A sequence of events is called a scenario.