Title: Oletus kohteelle PrepProg Introduction to Business & Business English, Part 2
Course: Study PrepProg Introduction to Business & Business English, Part 2

Kohteessa 'PrepProg Introduction to Business & Business English, Part 2' jaettujen kysymysten oletuskategoria.

Feedback shared by this category's questions, if right: Vastauksesi on oikein.
Feedback shared by this category's questions, if partly right: Vastauksesi on osittain oikein.
Feedback shared by this category's questions, if wrong: Vastauksesi on väärin.

Q: What are the elements in the Marketing Mix? Choose the elements.
- Price
- Advertising
- Promotion
- Place
- Product
A: Price; Promotion; Place; Product

Q: What is meant by the Marketing Concept?
- This basic philosophy—satisfying customer needs while meeting organizational goals
- This basic philosophy—satisfying company needs while meeting operational goals
- This basic philosophy—satisfying competitive needs while meeting organizational goals
- This basic philosophy—satisfying creative needs while meeting operational goals
A: This basic philosophy—satisfying customer needs while meeting organizational goals

Q: Is this statement true or false?

Perfect competition exists when there are many consumers buying a standardized product from numerous small businesses.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

Supply is the quantity of a product that sellers are willing to sell at various prices.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

Comparative advantage exists when a country can produce a product at a higher opportunity cost compared to another nation.
- Tosi
- Epätosi
A: Epätosi

Briefly explain what are the elements or layers in a Product? You can also use practical examples to support your answer.

Q: How is an entrepreneur defined?
- A person who manages existing businesses
- Someone who avoids financial risks
- A person who sets up businesses, taking on financial risks for potential profit
A: A person who sets up businesses, taking on financial risks for potential profit

Q: What is a key factor for entrepreneurial success?
- Resistance to change
- Continuous innovation and creative thinking
- Strict adherence to established norms
A: Continuous innovation and creative thinking

Q: Which of the following is NOT mentioned as a question that a business idea should answer?
- Who are your customers?
- What is your profit margin?
- How are you going to offer your product/services to your customers?
A: What is your profit margin?

Q: Is this statement true or false?

A business idea pitch is a presentation of a business idea to investors.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

An entrepreneurial ecosystem is a community or network of people, spaces, and available resources that interact around the creation of new ventures.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

Light entrepreneurship refers to a situation where you sell services yourself and work like an entrepreneur, but you do not start your own business.
- Tosi
- Epätosi
A: Tosi

Q: Which of the following is NOT essential in teamwork?
- Shared goal
- People with complementary skills
- Stability
- Conflict
A: Conflict

Q: Which of the following is NOT a skill needed in teamwork?
- Decision-making skills
- Interpersonal skills
- Uncooperative skills
A: Uncooperative skills

Q: Which of the following is NOT a factor in effective teamwork?
- Rotating each other
- Trusting each other
- Encouraging each other
- Depending on each other
A: Rotating each other

Q: Is this statement true or false?

"Groupthink" is not good for a team.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

Relationship-building roles are not important in teamwork.
- Tosi
- Epätosi
A: Epätosi

Q: Is this statement true or false?

A team leader should generate positive energy.
- Tosi
- Epätosi
A: Tosi

Q: Which of the following is NOT an element of modern management thinking?
- Leadership
- Coaching
- Micromanagement
A: Micromanagement

Q: Which of the following is NOT a management task?
- Planning
- Organising
- Hesitating
- Controlling
A: Hesitating

Q: Which of the following is NOT essential in strategic planning?
- Coming up with a mission statement for the company.
- Establishing goals and objectives.
- Setting random aspirations.
A: Setting random aspirations.

Q: Is this statement true or false?

A SWOT analysis is a popular analysis tool for management.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

In today’s organizations, transactional leadership has proven to be more effective.
- Tosi
- Epätosi
A: Epätosi

Q: Is this statement true or false?

In coaching, it is important to have facilitating skills.
- Tosi
- Epätosi
A: Tosi

Q: Is this statement true or false?

Coaches use powerful questions and active listening to help individuals explore their thoughts, ideas, and potential solutions.
- Tosi
- Epätosi
A: Tosi

Q: What is meant by Market Segmentation?
- To divide the entire market into smaller groups of potential customers with common characteristics that influence their buying decisions.
- To divide the entire market into smaller groups of non-potential customers with common characteristics that influence their buying decisions.
- To combine the entire market into bigger groups of potential customers with characteristics that influence their buying decisions.
A: To divide the entire market into smaller groups of potential customers with common characteristics that influence their buying decisions.

Q: What is meant by Economics?
- Economic is the study of the production, distribution, and consumption of goods and services.
- Economic is the study of the pricing, distribution, and promotion of goods and services.
- Economic is the study of the production, promotion, and consumption of goods and services.
A: Economic is the study of the production, distribution, and consumption of goods and services.

Q: Thank you for providing us with your feedback! Giving feedback takes only a couple of minutes and will be used to improve the courses.

How did your Introduction to Business and Business English studies go?
- Without great difficulties
- I had challenges
- It was difficult
A: Without great difficulties; I had challenges; It was difficult

If you had difficulties, describe them and please share how you dealt with them. Did you seek help?

What did you like about the course?

What would you like to improve in the course?