Quiz Over Classification Of Business Organization

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| By Annmariejames
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Annmariejames
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Quizzes Created: 1 | Total Attempts: 420
| Attempts: 420
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  • 1/5 Questions

    What are the various types of business organizations?

    • Public sector, Franchise, Kentucky Fried Chicken
    • Burger king, Grace, Registration general department
    • Public sector limited company, Partnership, sole trader
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About This Quiz

This quiz explores key concepts in business management, focusing on organization types, marketing fundamentals, and Maslow's hierarchy of needs. It assesses understanding of business structures, promotional strategies, and organizational goals, serving as a valuable tool for students and professionals.

Quiz Over Classification Of Business Organization - Quiz

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  • 2. 

    What is a goal in an organization?

    • A future Plan

    • A medal won

    • Better than silver

    Correct Answer
    A. A future Plan
    Explanation
    A goal in an organization refers to a future plan that outlines the desired outcome or objective that the organization aims to achieve. It serves as a roadmap for the organization, providing direction and focus for its activities and initiatives. Goals are typically specific, measurable, achievable, relevant, and time-bound, helping to guide the organization's decision-making and resource allocation. By setting clear goals, organizations can align their efforts, motivate employees, and track progress towards their desired outcomes.

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  • 3. 

    What  are the four P's in marketing?

    • Product Promotion, plan, price, plus

    • Promotion, price, place, product

    • Price, productivity, plane, platform

    Correct Answer
    A. Promotion, price, place, product
    Explanation
    The four P's in marketing are promotion, price, place, and product. These elements are essential in developing a successful marketing strategy. Promotion refers to the activities that communicate and promote the product or service to the target audience. Price is the amount customers are willing to pay for the product or service. Place refers to the distribution channels and locations where the product or service is made available to customers. Lastly, product refers to the actual goods or services being offered to customers.

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  • 4. 

    Identify some promotional strategies?

    • TVJ and CVM

    • Samples and magazines

    • Advertising and personal selling

    Correct Answer
    A. Advertising and personal selling
    Explanation
    The correct answer is advertising and personal selling. Advertising involves using various media platforms to promote a product or service to a wide audience. This can include television, radio, print, and online advertisements. On the other hand, personal selling involves direct interaction between a salesperson and potential customers, where the salesperson can provide personalized information and persuade them to make a purchase. Both advertising and personal selling are effective promotional strategies that can help increase brand awareness and drive sales.

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  • 5. 

    What is the highest stage in maslow's hierarchy of needs

    • Esteem needs

    • Safety and security needs

    • Self actualization

    Correct Answer
    A. Self actualization
    Explanation
    Maslow's hierarchy of needs is a theory that categorizes human needs into five stages. The highest stage in this hierarchy is self-actualization. This stage represents the fulfillment of an individual's potential and the desire to become the best version of themselves. It involves personal growth, self-discovery, and the pursuit of meaningful goals. Esteem needs and safety and security needs are lower stages in the hierarchy, which are necessary but not as important as self-actualization.

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Feb 23, 2011
    Quiz Created by
    Annmariejames
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