Business unit 1 section A january 2020

Isadora SoutoAguiar · 30問 · 1年前

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問題一覧

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

To break even

A business with a unique selling point:

has an advantage over its competitors

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

Damage to reputation

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

Manager

Paying the living wage is an example of:

being an ethical employer

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

Maintaining a high market share

A business that uses cross-functional teams has:

a matrix structure

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

The business has a separate legal identity from its owner

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

£15 000

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

Having a negative attitude to change

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

equal status

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

Insurance

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

A hospital

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

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

Consumer Rights Act

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

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

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

Threat

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

Keeping financial records

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

Current assets

business

business

30問 • 1年前

Business question paper unit 1 section A

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Isadora SoutoAguiar · 5問 · 1年前

Meeting the objectives of external stakeholders.

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