Business Essentials - 4.02 key Terms
Authored by Diane Stoddard
Business
9th - 12th Grade
Used 193+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business’s net income; the decisive point?
Bottom Line
Holding Cost
Inputs
Inventory
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Holding cost is money it takes to keep inventory in
Marketing
Stock
Route.
Production.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Another word for resources is
Marketing
Output
Input
Purchasing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inventory is considered
items in production
items in a route to customer
items to buy
items in hand.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tracking the amount, the kind, and the value of inventory that a business has on hand is known as
Timing
Purchasing
Output
Inventory Control
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Logistics refers to managing the flow of what?
Finances
Operations
Goods and Services
Materials
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the day-to-day activities for continued business functioning
Bottom Line
Scheduling
Output
Operations
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