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AICE Business AS - General Study Guide Exam Tested Questions Reviewed With Correct Answers
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AICE Business AS - General Study Guide Exam Tested Questions Reviewed With Correct Answers Employment Contract - ANSWER : Legal document that sets out the terms and conditions of the job. Examples: hours, pay. Labor Turnover - ANSWER : When employees leave the company, either fired or ...

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  • August 16, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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AICE Business AS - General Study
Guide Exam Tested Questions
Reviewed With Correct Answers


Employment Contract - ANSWER ✔ : Legal document
that sets out the terms and
conditions of the job. Examples: hours, pay.

Labor Turnover - ANSWER ✔ : When employees leave
the company, either fired or quit.
Companies do not want high turnover. That's a waste of
money (recruiting a
new employee, training, etc).

Induction - ANSWER ✔ : training before you start (learn
structure of the business,
who you will be working with, where the emergency exits
are in case of
fire).

On job Training - ANSWER ✔ : Learn your job as you go
by watching or working
with others.

, Off the Job Training - ANSWER ✔ : Special training at a
university or computer
manufacturer. Not at your current job.

Dismissal - ANSWER ✔ : Fired from your job because
you are not a good worker or
because you broke a rule in employment contract (drug
test positive).

Unfair Dismissal - ANSWER ✔ : Fired for an illegal
reason (pregnant, too old or race).

Marketing - ANSWER ✔ : Links business to the
customer by identifying and meeting the
needs of customers while making money. Right product at
the right price, at
the right place at the right time.

Marketing Involves - ANSWER ✔ : 1. Market research
2. Product Design
3. Pricing
4. Advertising
s. Distribution
6. Customer service
7. Packaging

Marketing Objectives - ANSWER ✔ : Goals set for the
marketing department to help the
business meet its overall objectives.

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