Edexcel Business 9-1 Theme 2 Created By 11A

What type of business is Tesco?

• LTD (Private Limited Company)
• Sole Trader
• PLC (Public Limited Company)
• Partnership

who has unlimited liability

• stakeholder

• sole trader

• partnership

• public limited company

What is the order of the product life cycle?

• growth, extension strategies/decline, maturity, introduction
• introduction, maturity, growth, extension/decline
• introduction, growth, maturity, extension/decline
• extension strategies/ decline, maturity, growth, introduction

Which one of these is NOT and advantage of being a PLC?

• Ability to raise finance through share capital
• Limited Liability
• Increased public & media attention
• Considered more prestigious and reliable

in a bar gate stock graph, what is the maximum level for?

• maximum revenue achievable
• maximum amount of stock
• maximum level to restock
• mximum amount of weeks stock can last

what are examples of organic growth ?

• external growth
• takeover
• new products developed
• merger

what is meant by the term 'External sources of finance'?

• Finance found outside the business
• people who find other businesses interesting
• A Business growth
• research and development of business

Which one of the following is an example of a barrier to international trade?

• Import
• Export
• Tarrif
• Globalisation

which one of the following is an example of how a business might evolve as it grows?

• market conditions
• reducing workforce
• greater share capital
• focus on survival

What is the formula for revenue?

• gross profit-sales
• price x sales
• sales+net profit
• price x quantity sold