Quiz 2: Business ideas
Here’s the second in our series of business quizzes. This one focusses on key concepts and ideas that shape effective business practices.
Make a note of any ideas, language and resources of interest. You can also review them once you’ve completed the quiz.
Use the ‘Start’ button to get going.
Here’s the next quiz in the series: International trade.
Quick vocabulary review
After doing the Business ideas quiz, you can review some of the vocabulary used in the questions here.
Resources
Here’s the list of resources on the business ideas covered in the quiz.
- Exploring Corporate Strategy (6th Edition)
In-depth explanation of Strategic Management at all levels both in UK and Europe - What is Strategy?
Short definition outlining the different elements of business strategy - What is Strategy?
Short definition outlining the different elements of business strategy - The Three Levels of Strategy
Video explanation with accompanying article - The McKinsey 7-S Framework
Article with accompanying video - Enduring Ideas: The 7-S Framework
Presentation with audio commentary produced from the McKinsey Quarterly - What Is a SWOT Analysis?
Short video explanation - SWOT Analysis
Video explaining how SWOT can be used for personal development - The Explainer Porter’s Five Forces
Short video explanation of Porter’s model - Porter’s Five Forces: Analyzing the Competition
Clear explanation of Porter’s model - BCG Growth Share Matrix
Short explanatory article of the matrix - PEST Analysis
Brief outline of how PEST is used in strategic management
