MBA Trivia Flashcards
7 cards from real Amazon practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 MBA Trivia flashcards as text
In finance, what does WACC stand for?
Answer: Weighted Average Cost of Capital
WACC is the Weighted Average Cost of Capital, the blended rate a firm pays to finance its assets.
The Four P's of the marketing mix are Product, Price, Place, and what?
Answer: Promotion
The classic marketing mix consists of Product, Price, Place, and Promotion.
What does ROI measure?
Answer: Return on Investment
ROI measures the gain or loss generated relative to the amount invested.
In a SWOT analysis, what does the 'T' represent?
Answer: Threats
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
Which financial statement shows a company's revenues and expenses over a period?
Answer: Income statement
The income statement reports revenues, expenses, and net profit over a period.
What is the term for the difference between selling price and variable cost per unit?
Answer: Contribution margin
Contribution margin is the unit selling price minus the variable cost per unit.
In Porter's Five Forces, which force concerns the power buyers have to drive down prices?
Answer: Bargaining power of buyers
The bargaining power of buyers reflects how much pressure customers can exert on prices.