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Business unit 1 section A january 2020
  • Isadora SoutoAguiar

  • 問題数 20 • 12/30/2024

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    問題一覧

  • 1

    Which of the following is an example of a financial aim for a business?

    To break even

  • 2

    A business with a unique selling point:

    has an advantage over its competitors

  • 3

    Which of the following is a non-legal consequence of failing to comply with the Data Protection Act?

    Damage to reputation

  • 4

    Which one of the following job roles would report to a Director?

    Manager

  • 5

    Paying the living wage is an example of:

    being an ethical employer

  • 6

    Which of the following would not cause a business to fail?

    Maintaining a high market share

  • 7

    A business that uses cross-functional teams has:

    a matrix structure

  • 8

    Which of the following is an advantage of operating as a private limited company?

    The business has a separate legal identity from its owner

  • 9

    The sole trader’s revenue for the coming year is expected to be:

    £15 000

  • 10

    Which one of the following is not an example of being enterprising?

    Having a negative attitude to change

  • 11

    Job roles on the same level of an organisation chart have:

    equal status

  • 12

    Which of the following would be a fixed cost for a car manufacturer?

    Insurance

  • 13

    Which of the following is most likely to be a government-owned organisation?

    A hospital

  • 14

    How is a business most likely to respond to a stakeholder with a high degree of influence?

    Try hard to meet the needs of the stakeholder

  • 15

    Mulligan Butchers Ltd sells meat which is incorrectly labelled. Mulligan Butchers Ltd appears to have broken the:

    Consumer Rights Act

  • 16

    A pharmaceutical manufacturer is introducing a new liquid painkiller for children. Costings are as follows: • fixed costs £5000 per month • ingredients £2.50 per bottle • packaging £0.10 per bottle. If the selling price per bottle is £7.50, the break-even level of output would be:

    1021 bottles per month

  • 17

    A high-quality restaurant is located in an area which has experienced a sudden rise in unemployment. Which one of the following actions should the restaurant take in response to this economic change?

    Offer discounts and special offers

  • 18

    A petrol station is conducting a SWOT analysis. In which category should ‘an increase in fuel taxation’ be placed?

    Threat

  • 19

    Which one of the following would be carried out by the accounting function in a large business?

    Keeping financial records

  • 20

    In which section of a statement of financial position would ‘inventory’ appear?

    Current assets