Quiz aqa a level business studies unit 3.1
Quiz by Mohon Miah
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8 questions
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- Q1Which of the following includes the steps a business takes to enter a new market?Market developmentPrice settingProduction planningProduct design30s
- Q2What is the primary purpose of branding in business?To differentiate a product or company from competitorsTo reduce costsTo expand market shareTo increase production efficiency30s
- Q3What is market segmentation in business?Managing the supply chainDividing a market into distinct groups with similar characteristicsDetermining the price of products or servicesCreating promotional materials30s
- Q4What does SWOT analysis stand for in business?Sales, Workers, Organization, TechnologyStrategies, Wins, Objectives, TargetsStocks, Wealth, Operations, TargetsStrengths, Weaknesses, Opportunities, Threats30s
- Q5What is the term used to describe the process of converting inputs into outputs?Human resourcesProductionFinanceMarketing30s
- Q6What is a business process that involves buying and selling goods or services?Human ResourcesSalesSupply Chain ManagementResearch and Development30s
- Q7What is the term used to describe the process of identifying and meeting customer needs and wants?LogisticsAccountingQuality controlMarketing30s
- Q8What is the term used to describe the process of gathering information about customers and their preferences?Inventory managementFinancial analysisAdvertising campaignMarket research30s