Podcast
Questions and Answers
What term refers to a series of actions designed to achieve a specific result?
What term refers to a series of actions designed to achieve a specific result?
Which term describes the act of choosing something from a group?
Which term describes the act of choosing something from a group?
What is the term for collecting funds for a project from a large number of people?
What is the term for collecting funds for a project from a large number of people?
What best describes borrowed money that must be repaid with interest?
What best describes borrowed money that must be repaid with interest?
Signup and view all the answers
What term describes aspiring or beginner businesspeople?
What term describes aspiring or beginner businesspeople?
Signup and view all the answers
What is the term for ownership in a company, often represented by shares?
What is the term for ownership in a company, often represented by shares?
Signup and view all the answers
What are profits distributed to shareholders known as?
What are profits distributed to shareholders known as?
Signup and view all the answers
What term describes predictions about a company's future financial performance?
What term describes predictions about a company's future financial performance?
Signup and view all the answers
What is a term for goods that are made by hand without the use of machinery?
What is a term for goods that are made by hand without the use of machinery?
Signup and view all the answers
What is the term for people who move from place to place with no permanent home?
What is the term for people who move from place to place with no permanent home?
Signup and view all the answers
What is the most accurate term for deceptive actions done for personal gain?
What is the most accurate term for deceptive actions done for personal gain?
Signup and view all the answers
Which of these options best describes a situation when there is a general agreement among a group?
Which of these options best describes a situation when there is a general agreement among a group?
Signup and view all the answers
What is the most accurate description for a product that has been provided with all necessary items?
What is the most accurate description for a product that has been provided with all necessary items?
Signup and view all the answers
Which option describes a workplace that is enjoyable and pleasant?
Which option describes a workplace that is enjoyable and pleasant?
Signup and view all the answers
What is the best description for something that brings about a major change?
What is the best description for something that brings about a major change?
Signup and view all the answers
Which term describes information sharing within an organization?
Which term describes information sharing within an organization?
Signup and view all the answers
Which of the following describes a person or company that produces or makes goods?
Which of the following describes a person or company that produces or makes goods?
Signup and view all the answers
Which of these represents a belief in one's own abilities?
Which of these represents a belief in one's own abilities?
Signup and view all the answers
Which aspect best describes the usage of resources without depleting them?
Which aspect best describes the usage of resources without depleting them?
Signup and view all the answers
What is the most appropriate term for a building or area designed to showcase products or events?
What is the most appropriate term for a building or area designed to showcase products or events?
Signup and view all the answers
What phrase best describes a situation in which something has become unsecured or weakened?
What phrase best describes a situation in which something has become unsecured or weakened?
Signup and view all the answers
What phrase best describes the need to make copies of important data?
What phrase best describes the need to make copies of important data?
Signup and view all the answers
What is the term for the revenue of a business or the changes in staff?
What is the term for the revenue of a business or the changes in staff?
Signup and view all the answers
Which of these describes a situation where someone has flexible working hours?
Which of these describes a situation where someone has flexible working hours?
Signup and view all the answers
Which option refers to the legal regulations about work?
Which option refers to the legal regulations about work?
Signup and view all the answers
Signup and view all the answers
Study Notes
Business Processes & Units
- Unit 1: Series of actions to achieve a result (process). Includes collecting funds from multiple people (crowdfunding), borrowing money (loans), and shared ownership (equity).
- Unit 1: Actions for delivering, choosing, collecting, establishing, and creating items. Includes "Pick out," "Drop off," "Sign up," "Make out of," and "Set up."
- Unit 1: Actions related to registering, reducing use, and creating something. Includes "Process," "Sign up," "Drop off," "Cut down on," and "Set up."
- Unit 1: Creating items using materials (e.g., "Make out of") and registering for things (e.g., "Sign up.")
- Unit 2: Concepts like handmade items, physical resources, movement of people, and unique elements. Includes monitoring resources, locations like showrooms and warehouses, and transport.
- Unit 2: Includes activities related to fees (commission), inter-mediaries (middlemen, etc.) and transport (e.g., by ship, truck, or articulated lorry).
- Unit 2: Includes concepts related to goods storage, display, and business related activities like malicious software (malware), frauds and financial predictions.
Business Activities & Concepts
- Unit 3: Illegal online activities (cybercrime), personal gains (frauds), security, measures to protect online data, and people who engage in illegal acts.
- Unit 3: Includes electronic tools, connected systems sharing information, and data backup.
- Unit 4: General agreements and decisions (consensus, compromising, prioritizing). Includes prioritizing tasks, resolving conflict, and collaboration.
- Unit 4: Methods of discussion (consultation, avoidance), decision making (making up your mind), and evaluating. Also includes traditional and hi-tech components.
- Unit 5: Concepts like state-of-the-art, fully equipped, spacious, comfortable, and providing relaxation (e.g., comfortable, stress-free, canteen) related to environments and areas.
- Unit 5: Describes environments, locations, and amenities like presentation suites, food service areas (canteens), warehouse facilities, and how they function.
Business and Innovation
- Unit 6: Making significant changes (revolutionizing), causing major changes (reliable, advanced, and complex).
- Unit 6: Concepts like creative/ innovative ideas and consistent performance, like energy, dynamic, and original work.
- Unit 7: Includes CEO, manufacturer, internal communications. Concepts related to companies, products, and processes, like failures, problems, resolutions, harm and dissatisfaction.
- Unit 8: Includes features like commitments to tasks, tolerance for difficulties, and showing care for others. Also includes features like enthusiasm, abilities, adapting and productivity.
- Unit 9: Important concepts like on-time, eco-friendliness (sustainability and appeal).
Business Management, Environments & Logistics
- Unit 10: Includes advice on environmental policies (environmental consultancy, regulations), using resources, and laws. Includes venues, locations, transportation, and legal authority.
- Unit 11: People interacting with groups, organizations, etc., includes activities, performances, transport and short trips.
- Unit 12: Includes illegal online activities (cybercrime). Also includes the actions and activities of victims and the concepts of stopping and disrupting actions.
- Unit 13: Includes business sales, customers, management, and staff changes. Covers concepts like items for sale, revenue changes, and flexible work hours.
- Unit 14: Includes the planning or organizing of activities over time or events, and being ready for use and access. Includes information about products/services (brochures), and persons/companies who provide goods (suppliers).
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Explore key concepts of business processes and operations through various units. Delve into activities such as crowdfunding, item creation, and logistics management. This quiz covers critical terms and actions vital for understanding the dynamics of business functions.
