unit 3 building a business

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  • Created by: kirsty
  • Created on: 15-05-13 17:02

1. whats the order of the product life cycle?

  • 1. introduction 2. growth 3. maturity 4. decline
  • 1.growth 2. introduction 3.decline 4. maturity
  • 1. introduction 2.maturity 3. growth 4. decline
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Other questions in this quiz

2. how can you improve cash flow?

  • you pay the staff better wages
  • you have to make the outflow decrease by minimising wages/bills etc.
  • you increase the outflow

3. what is inflow in a business?

  • overall cost total
  • this is cash coming into the business such as sales and sponsers
  • profit a business makes

4. who invented the hierachy of needs?

  • maslow, his thoughts being that workers work in order o be able to climb further up the hierarchy
  • herzberg
  • harry potte

5. what is the boston matrix for?

  • to keep the business happy
  • to give money to the business
  • this allows a business to see how successful there product is in terms of its market share and growth
  • to advertise business

Comments

davidsalter

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A handy resource to check progress and make a change during a period of revision. Some of the questions are quite tricky and it will highlight areas that still need to be revised.

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