Business Terms Intermediate Quiz 1

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Quiz 1
1. What is the process of delegating authority and responsibility to subordinates?
2. What is a SWOT analysis used for in strategic planning?
3. Which term refers to the variety of products or services offered by a company?
4. What is the primary purpose of a cash flow statement?
5. What does ROI stand for?
6. Which term describes the process of identifying and attracting qualified candidates for a job?
7. What is an organizational culture?
8. What is a niche market?
9. What is a joint venture?
10. What is a fiscal year?
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