Sectors n business Flashcards

1
Q

Which sector does Welders/Solderers work in?

A

Secondary sector

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2
Q

What is the Quaternary sector based on?

A

Knowlegde

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3
Q

Which sector has workers decreasing every year?

A

Primary sector

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4
Q

Which sector works with libraries?

A

Quaternary sector

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5
Q

Which sector is based on the Intellect?

A

Quinary sector

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6
Q

Which of these options belong to the Primary Sector?
1) coal
2) alloy
3) cast iron
4) slate

A

1) Coal & 4) Slate

Alloy & Cast Iron belong to the Secondary Sector -Metal Working Smelting

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7
Q

Following what did The Secondary Sector rose in the US?

Historic event

A

Great Depression

It (sector) contributed to 1/3 of the countries’ economy in 60s

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8
Q

What was the greatest deindustrialization?

A

UK’s Secondary Sector shrinking by 2/3 in the past 30 years

It created a lot of unemployment.

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9
Q

Which of these does not contribute to the Quaternary sector?
1. Energy utilities
2. Aerospace manufacturing
3. Information technologies
4. Scientific research

A
  1. Energy utilities & 2. Aerospace manufacturing

They belong to the Secondary Sector

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10
Q

What is the Eurozone?
1. Countries in the European Union
2. Countries that uses Euros as currency
3. Countries in Europe
4. 2&3

A
  1. Countries that uses Euros as currency
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11
Q

The value of goods and services produced within the geographical boundaries of a nation in a financial year is termed as?
1. GDP
2. GVA
3. GNA
4. GNP

A
  1. GDP
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12
Q

What does the GNP refer to?

A

The value of goods and services produced by the citizens of a nation irrespective of the geographical limits in a financial year.

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13
Q

Who contributes to the Quinary sector?
1. Seamstresses
2. Scientists
3. Ceos
4. none of the above

A
  1. None of the above

only big ceos hehehe

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14
Q

Which of these does not belong to the Tertiary Sector?
1. Media
2. Cinema
3. Tourism
4. Librairies

A

2&4

Quaternary

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15
Q

Profit in French?

A

Bénéfice

Profit est péjoratif

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16
Q

Products are
1. Services
2. Needs
3. Goods
4. None of the above

A

1&3

products satisfy needs

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17
Q

Business is an ‘?’ effort to produce ‘?’ and ‘?’ which can be ‘?’ to satisfy needs or wants of “?” in exchange for a ‘?’ or ‘?’ .

A

A business is an organized effort to produce goods or services which can be supplied to satisfy the needs or wants of customers in exchange for a reward or payment

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18
Q

Which is uncountable
1. This is my business, mind yours.
2. I work for this business
3. business is booming
5. None

A

1&3

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19
Q

Which sector provides essential services to citizens?
1. Public Sector
2. Third Sector
3. Tertiary Sector
4. 2&3

A
  1. Public sector
20
Q

Which sector does non-governmental and
nonprofit making organizations or associations belong to?

A

Third sector

21
Q

What is the private sector?

A

What’s owned by individuals or groups of individuals, the aim is to make a profit

22
Q

Which businesses produce both goods and services?
1. Restaurants
2. Car repair shops
3. Computer stores
4. all of the above

A

ALL

23
Q

Who provides the funds for a business?
1. Suppliers
2. Bank
3. Owner
4. 1&3

A

Bank and/or Owner

24
Q

What are the 9 key elements for a business to operate

A

Finance, Labour, Customers, Suppliers, Premises&Equipment, Management, Competitive edge, Clear objective and Stategy

25
Q

Which of these elements help develop and produce/ deliver a product?
1. Management
2. Customers
3. Suppliers
4. Labour

A

Labour

26
Q

What is a venture Capital?

A

A risky investment

27
Q

should a business be loyal to one supplier?

A

No

28
Q

What is more important being located close to customers or suppliers? Why?

A

Suppliers

No Supply no product no customers lol

29
Q

What depends of the Business activity?
1. Fund amount
2. Premises & Equipment
3. Management
4. Patent

A

1Fund amount & 2 Premises Equipment

30
Q

What is a way to protect your original creation without other businesses being able to copy it exactly
1. Patent
2. Secrecy
3. Retaining key staff
4. Copyright

A

2 Secrecy 3 Retaining key staff

Patent n copyright are temporary

31
Q

What the paid document in which you have to publish the manufacturing process and formula publically of a creation for it to work

A

Patent

32
Q

When was the EU directive on trade secrets?

A

27 May 2016

33
Q

Which of the objectives is the most important
1. Sell abroad
2. Make profits
3. Break even
4. Survive in the market

A

4 Survive in the market

34
Q

What should be regularly compared to results in order to be adjusted?

A

Objectives

35
Q

The type of business structure depends on

A

The strategyyyy

36
Q

a Goal is
1. Accorded to the Company
2. To grow in size
3. Realistic
4. Adjusted to the results

A

1&3

37
Q

How to compete
1. Choose a market
2. Plan how to perform better
3. Get the resources required
4. Boost motivation among employees

A

1,2&3

38
Q

The importance of the public sector depends on the

A

political regime

39
Q

Donald Trump wants to

A

re-develop the secondary sector because according to him too many people were employed in the tertiary sector

40
Q

In the middle of the 19th century, less than 20% of the American labor force was engaged in the

A

provision of services

The figure rose to roughly 30% in 1900, 50% in 1950, and 80% in 2000.

41
Q

In what year In England and Wales, 1/3 of the working class were to be found in the service industries

A

In 1841,

In 2001, almost 4/5 workers were employed in service industries.

42
Q

blue-collar is ?
white-collar is?

A

ouvrier
employé

43
Q

Traditional sector model is no longer the right one for many specialists for what reason?

A

many services in the tertiary sector
so people are trying to separate it

44
Q

Which sector makes macroeconomic decisions

A

Quinary Sector

45
Q

The business can also authorize other businesses to use its products or its brand name in exchange of?

A

Royalties

46
Q

To break even is to

A

Gain as much as we spend