C3 BTEC revision quiz

___ is a market in which one business sells products to another business.

• B2C

• B2K

• B2B

• BRB

___ is a market where businesses sell products directly to the public.

• B2B

• B2P

• B2£

• B2C

____ is the point where income (sales revenue) and expenditure (total money spent) is equal.

• Net profit

• Gross profit

• Break even point

• Net current assets

_____ are the amounts of money entering a business's bank account.

• Cash inflows

• Payments

• Cash outflows

• Expenditure

____ are the amounts of money leaving a business's bank account.

• Retained profit

• Cash outflows

• Receipts

• Cash inflows

____ is the cost of producing a product.

• Dividends

• Cost of sales

• Operating expenses

• Utilities

____ are any assets that can be used in short term to pay for things.

• Liquid assets

• Gross profit margin

• Bank overdraft

• Market share

____ involves splitting a population up according to their age, gender, income and ethnicity.

• Geographic segmentation

• Demographic segmentation

• Psychographic segmentation

• Behavioural segmentation

A _____ is an amount of money owed by a business.

• fixed cost

• current asset

• fixed asset

• liability

____ are assets held by a business that can be converted into cash within 12 months.

• Fixed asset

• Current asset

• Current liability

• Sales revenue