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Updated 2026 Questions and Answers
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, Blake mouton grid The concern for people and production a manager has
Boston matrix Product portfolio analysis of a business into 4 categories
Branding how consumers recognise and identify with a product
Break-Even The point when total sales is equal to total costs
Budget Income and costs predicted over a period of time
Buffer inventory Minimum amount of stock a business requires to operate
Capacity utilisation The amount of total capacity is being used
Cash flow Cash moving into and out of a business
Cash flow forecast The projection of likely cash inflows and outflows
Competition Other businesses that compete for a share in the same market
Competitiveness The business' ability to offer a better product than its competitors (measured in
customers)
Correlation Relationship between two variables
Total Contribution The difference between the total sales and total variable costs
Delegation Where a responsibility or task is passed onto another employee in the business
Demand Amount of a good or service that customers desire