Business Terms Intermediate Quiz 4
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Quiz 4
1. A general increase in prices.
Inflation
Deflation
Price stability
2. Contracting work to an external party.
In-house hiring
Outsourcing
Market expansion
3. The portion of a market controlled by a company.
Product price
Production cost
Market share
4. The specific group of customers a business aims to reach.
Target market
Total addressable market
Competitor base
5. The combination of two companies into one.
Business failure
Merger
Company split
6. The strategy of distributing investments among asset categories.
Asset liquidation
Asset acquisition
Asset allocation
7. An authority to act for another, especially in voting.
Proxy
Competitor
Business plan
8. Exploiting price differences between markets.
Long-term investing
Arbitrage
Tax payment
9. Funds used to acquire or upgrade physical assets.
Operating expenses
Daily wages
Capital expenditure (CapEx)
10. The skills and knowledge of employees.
Human capital
Total headcount
HR department
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