Key Resources (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the most important aspect of successful business partnerships?
What is the most important aspect of successful business partnerships?
Ensuring mutual benefit
What does outsourcing involve?
What does outsourcing involve?
Hiring external co. for specific functions
How does subcontracting differ from outsourcing?
How does subcontracting differ from outsourcing?
It's for specialized tasks temporarily
Which is an advantage of outsourcing?
Which is an advantage of outsourcing?
Access to expertise
What risk does outsourcing present regarding confidential information?
What risk does outsourcing present regarding confidential information?
Loss of control over trade secrets
What does the R&D department focus on?
What does the R&D department focus on?
Developing and testing new products
What is the main role of the production department?
What is the main role of the production department?
Transform raw materials into products
What does the marketing department create between business and customers?
What does the marketing department create between business and customers?
Awareness and relationships
What does customer service handle?
What does customer service handle?
Post-sale relationships
How do partnerships help achieve economies of scale?
How do partnerships help achieve economies of scale?
Shared resources & bulk purchasing