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Test your knowledge with our engaging quiz that covers essential business terms, ranging from Capital and Revenue to Autocratic and Democratic leadership styles. This quiz not only defines key concepts like Profit, Productivity, and Incentives but also explores types of businesses, growth strategies, and recruitment practices. Perfect for students and professionals alike, you'll gain valuable insights into crucial aspects of the business world. Participate now to win exciting prizes!
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Define these key terms • Capital • Revenue • Profit • Productivity • Incentive
Define these tooTypes of business terms • Unlimited liability • Private Limited Company • Dividend • Liquidation • Incorporation / incorporated
Growth and location • Merger • Vertical integration • Internal growth • Economies of scale • Footloose
Recruitment • Job description • Person specification • Aptitude test • Induction • Off the job training
Motivation • Job rotation • Job enlargement • Job enrichment • Commission • Piece rate
Others • Autocratic leadership • Democratic leadership • Redundancy • Working time directive • Life long learning • Trade union