Business unit 1 section a january 2021

Isadora SoutoAguiar · 30問 · 1年前

通報

問題一覧

Which of the following is an example of being enterprising?

A woman who sets up her own online jewellery store

A business with a USP has an advantage over its competitors. What is meant by the term ‘USP’?

Unique selling point

Which of the following is an example of empowerment?

Encouraging independent decision-making

A fine is given to a business that:

has broken the law

A Memorandum of Association is an administrative requirement of a:

private limited company

Ignoring the concerns of employees is most likely to lead to:

limited improvement in business processes

The wine producer’s profit for last year was:

£700 000

A lack of communication between business functions:

weakens business performance

Which of the following would be classified as variable costs of a hair salon?

Shampoos and conditioners

Which of the following is/are not found on an organisation chart?

The objectives of employees

Which of the following would ‘a change of government policy’ be an example of?

A political change

A car manufacturer is currently producing 320 000 cars per year with a margin of safety of 210 000 cars. The car manufacturer’s break-even point is:

110 000 cars

Which one of the following would increase business uncertainty?

Fluctuating exchange rates

An income statement is used to:

calculate profit or loss

Which of the following businesses is most likely to be negatively affected by an increase in interest rates?

A business that has a lot of debt

Which of the following would be classified as non-current assets in the statement of financial position of a furniture store?

Motor vehicles

A potential investor is likely to want a business to:

increase its market share

In a SWOT analysis the letter ‘O’ stands for:

Opportunities

A supermarket refuses to stock a leading brand of breakfast cereal because the suppliers’ prices are too high. Which of the following would this be an example of?

An attempt to alter business behaviour

Which of the following is a requirement of the Partnership Act?

Profits must be shared

business

business

30問 • 1年前

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Isadora SoutoAguiar · 5問 · 1年前

Meeting the objectives of external stakeholders.

Meeting the objectives of external stakeholders.

5問 • 1年前