Multiple choice business

Create an image depicting a diverse group of business professionals studying together, surrounded by charts and graphs, symbolizing learning and collaboration in the business field.

Business Fundamentals Quiz

Test your knowledge of essential business concepts with our engaging quiz! This interactive experience consists of 10 multiple-choice questions designed to challenge your understanding of key topics in business.

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10 Questions2 MinutesCreated by AnalyzingEagle402

What is advantage of centralised

Better decisions being made

Everyone gets opinion

More motivation

Less costly

What is current ratio formula

Current liabilities/current assets

Current assets- current liabilities

Current assets/current liabilities

Current assets + current liabilities

What induction training?

Introduction to job

Train outside of job

Train inside of job

Training others

What is 2 disadvantages of external recruitment (pick 2)

More time consuming

Lesser skills

Not much choice

More expensive

What capital employed formula

Retained profit + long term loans + Share capital

Current assets - current liabilities

Retained profit - long term loans + share capital

Current assets + current liabilities

What is a diseconomy of scale example

Cannot buy in bulk

Can manage well

Unmotivated workforce

Costly

What is just in time (JIT)

Buy bulk to be able to give in time

Minimum costs

Efficient workers

A minimum amount of stock

Formula of labour productivity

Outputs / number of workers

Number of workers - output

Number of workers + output

Input - ouput

Multiple choice business

Business Fundamentals Quiz

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