Business 3.2.3 and 3.3.1
🇬🇧
In English
In English
Practice Known Questions
Stay up to date with your due questions
Complete 5 questions to enable practice
Exams
Exam: Test your skills
Course needs 15 questions
Learn New Questions
Manual Mode [BETA]
Select your own question and answer types
Specific modes
Learn with flashcards
Complete the sentence
Listening & SpellingSpelling: Type what you hear
multiple choiceMultiple choice mode
SpeakingAnswer with voice
Speaking & ListeningPractice pronunciation
TypingTyping only mode
Business 3.2.3 and 3.3.1 - Leaderboard
Business 3.2.3 and 3.3.1 - Details
Levels:
Questions:
8 questions
| 🇬🇧 | 🇬🇧 |
| What is segmentation? | Market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics |
| What is a stakeholder? | A stakeholder has a vested interest in a company and can either affect or be affected by a business' operations and performance. |
| How does takeover work? | A shareholder owns majority shares (over 50% = complete control) |
| Why should stakeholder’s needs be fulfilled? | Stakeholder needs in the business analysis are similar to business needs in that they also collect and describe information about business goals, strategies, objectives, targets, and key concerns about successes and challenges |
| What are dividends? | A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders |
| 2 Main ways to manage relationship with stakeholders | Communication and consultation |
| What are market objectives? | Marketing objectives are actionable targets designed to provide not just overall direction, but clear and specific actions. |
| What are the main market objectives set? | . Sales volume and sales value . Market size . Market and sales growth . Market share . Brand loyalty |
| What are the influences on market objectives? | . Corporate objectives . Finance . Human resources . Operational issues . Business culture . Economic environment . Competitor actions . Market dynamics . Technological change . Social & political change |