A. Multiple firms producing differentiated products

B. Free entry and exit to the market

C. Homogeneous products

D. Some level of price control by individual firms

A. Production of more goods as compared with their competitors

B. Competitively outperforming other companies in a sustainable manner

C. Lower production cost than that of the rivals

D. Control over the market share of a business

A. Current ratio

B. Return on equity

C. Gross profit margin

D. Quick ratio

A. Brand loyalty

B. High demand for new products

C. Government regulation

D. Consumer incomes

A. The increase in product value as more people use it

B. The reduction in price due to mass production

C. The effect of increased internet traffic on e-commerce sales

D. Value added by vertical integration along a firm's supply chain

A. Managing inflation and stabilizing currency through central bank control

B. Regulating tax rates to encourage spending

C. Influencing government spending on social services

D. Setting wages for private-sector employees

A. The internal policies for managing financial risk

B. The structure of ownership and control within a corporation

C. The process of managing employee relations

D. The marketing strategies used to build brand image

A. Managing cash flow for daily operations

B. Deciding which long-term investments to undertake

C. Deciding on dividend payouts to shareholders

D. Budgeting for marketing campaigns

A. Expanding into new geographic markets

B. Developing a new product line for existing markets

C. Merging with competitors in the same industry

D. Entering completely new industries or sectors

A. Real estate assets

B. Stocks, bonds, and derivatives

C. Physical goods

D. Software and intellectual property

A. Suppliers

B. Manufacturers

C. Retailers

D. Marketing teams

A. People

B. Processes

C. Product

D. Performance

A. The interests of employees and customers

B. Maximizing the profits and value of the business for shareholders

C. The long-term sustainability of the company

D. The environmental impact of the company

A. Recruitment and selection

B. Training and development

C. Employee performance management

D. Product pricing

A. Total cost incurred in business

B. Interest amount charged on business loan

C. Rate of return which investors require to invest their money in a business.

D. Operating costs to manage the business resources

A. High competition and low growth

B. Continuous technological innovation

C. Rapid market expansion

D. Limited competition and high growth

A. Focus on maintaining current market position

B. Aims to increase the company's market share or sales volume

C. Focus on reducing costs

D. Involves complete diversification of products

A. Strengths

B. Weaknesses

C. Opportunities

D. Threats

A. The use of borrowed funds to increase returns

B. The ability to increase profits by increasing sales volume

C. The management of operating expenses

D. The process of inventory management

A. The rate at which supply increases when prices rise

B. The influence of advertising on demand

C. The degree of consumer income that affects demand

D. The responsiveness of demand to changes in price

A. 80% of profits are generated through 20% of customers

B. 20% employees do 80% of the work

C. 80% of cost of production goes into 20% of features of the product

D. All of these

A. Reduction in value of money

B. Increase in value of money

C. Decrease in interest rates

D. Rise in the supply of goods altogether

A. Several competitors in the market

B. One firm controls the market

C. The firm has no substitutes and hence faces no competition

D. Free entry for new firms

A. A time when stock prices are increasing

B. A market with a high trading volume

C. A time when market prices cannot be predicted

D. A time when stock prices are declining

A. Valuation

B. Depreciation

C. Amortization

D. Forecasting

A. Factory building

B. Brand name

C. Machinery

D. Land

A. The ability to generate profit

B. The ease with which an asset can be converted into cash

C. The long-term profitability of a company

D. The amount of equity in a business

A. Charging a high price to create a premium product image

B. Charging a low price to penetrate the market and capture market share

C. Selling products at a discount during seasonal promotions

D. Equating with competitors' prices to maintain parity