Unit 1 AQA Business GCSE

Unit 1 AQA Business GCSE

9th - 10th Grade

10 Qs

quiz-placeholder

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Unit 1 AQA Business GCSE

Unit 1 AQA Business GCSE

Assessment

Quiz

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Katie Argent

Used 693+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that sells the rights to trade using its name, logo and products...

A partnership

A franchisee

A franchise

An Ltd

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Reasons for starting a business are

To keep all the profits

To get money

To be your own boss

To escape a boring job

To be motivated

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A factor for choosing a location could be

Nice working environment

Proximity to customers

Close to where you live

High costs of premises

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Sole Trader would experience

Limited Liability

Stress of decision making

Loneliness of having no employees

Decisions taking too long due to discussion

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of these are Stakeholders

Customers

Employees

Competitors

Shareholders

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A benefit of writing a business plan could be

Avoids fines as it is a legal document

Guarantees a profit will be made

A bank is more likely to lend money

Increases the risk of the business failing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales Revenue is calculated by...

Price x Total Cost

Profit - Variable Costs

Fixed Costs + Variable Costs

Price x Output

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