Business Terminology Quiz

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Questions and Answers

What does the term 'balloon' imply when used in a business context?

  • To increase rapidly in size, amount, or intensity (correct)
  • To fluctuate unpredictably over time
  • To remain constant without change
  • To decrease steadily in size or amount

What does it mean to grow in tandem?

  • To stagnate and show no growth whatsoever
  • To develop in a disjointed manner
  • To progress independently and without influence
  • To develop or increase simultaneously and in a coordinated manner (correct)

Which of the following best describes 'overhead' in a business context?

  • Ongoing expenses not directly related to production (correct)
  • Expenses tied to raw materials required for production
  • Costs directly related to producing goods
  • One-time costs associated with setting up a business

What does 'neatly explained' imply about a presentation of information?

<p>It is organized and free from unnecessary complexity (B)</p> Signup and view all the answers

In what context does 'signaled' refer to conveying information?

<p>Indicating intent through gestures or actions (B)</p> Signup and view all the answers

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Study Notes

Balloon (verb)

  • Describes a rapid increase in size, amount, or intensity
  • Similar to a balloon expanding when filled with air
  • Used to denote significant rises in numbers or costs

To grow in tandem

  • Two or more elements developing or increasing simultaneously and in a coordinated way
  • Elements influence each other as they progress together

Neatly explained

  • Implies an organized and concise explanation
  • Makes information easy to understand
  • Free from unnecessary complexity

Overhead

  • Ongoing expenses incurred by businesses which are not directly related to producing goods or services
  • Includes rent, utilities, salaries for non-production staff, and general operational costs

Signaled

  • Indicating or communicating information through a gesture, action, or other means
  • Conveying information or intent to someone else
  • Often clear or recognizable

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