Analysing Overall Performance (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What two types of data should businesses examine to understand company position?
What two types of data should businesses examine to understand company position?
Quantitative and qualitative data
What does market share measure?
What does market share measure?
% of total market sales the business has
What does labour productivity measure?
What does labour productivity measure?
Output per employee
What is capacity utilisation?
What is capacity utilisation?
% of total capacity currently used
Which are the four stages in a product life cycle?
Which are the four stages in a product life cycle?
Introduction, growth, maturity, decline
What is benchmarking?
What is benchmarking?
Studying successful firms to apply methods
Which is NOT a characteristic of core competences?
Which is NOT a characteristic of core competences?
They are standard industry expectations
What does extrapolating data mean?
What does extrapolating data mean?
Extending current patterns forward
Why isn't good customer service usually a core competence in hotels?
Why isn't good customer service usually a core competence in hotels?
It's expected across the industry
What is staff morale?
What is staff morale?
How happy and motivated employees feel