Kahoet test exam questions&answers

Kahoet Exam questions and answers
Exam questions asked during a kahoet test exam in class.


1. What is the meaning of the acronym PLC after a Company name?
- Public limited company

2. With mutual company the profits of the company are theoretically owned by:
- Members.

3. Charities and nonprofit organizations are part of the:
- Voluntary sector

4. What does the acronym CAD/CAM stand for?
- Computer aided design, computer assisted

5. Mail surveys:
- Have low-response rates but are inexpensive

6. The term “ housing bubble” refers to”
- A rapid and unsustainable rise in house prices.

7. To “vet borrowers” refers to the process of:
- Checking the credit worthiness of borrowers.

8. To “rubber stamp” means to :
- Sign and approve without checking the details

9. The process of using outside companies for certain work or services is
called:
- Outsourcing or sub-contracting.

10. Work in progress is another term for:
- Product in the process of being made.

11. Marketing research gives companies insight into:
- Consumer behavior.

12. What people are prepared to pay for a product or service rather than that
fixed by government?
- Market price.