AQA GCSE Business Growth
Authored by Catherine Coulthard
Business
10th - 11th Grade
Used 11+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why might a business want to grow?
More Profit
Give employees more time off
To meet regulations
To sell less products
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why might a business want to grow?
To gain more competition
To gain more customers
To reduce the amount of stores
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How could we measure the size of a Business?
Charity fundraising
Quality of their adverts
Sales revenue
How much they spend on advertising
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A definition of Economies of scale is :-
A reduced unit cost gained from an increase in production
Increasing your turn over through reducing your sales prices
Taking over suppliers
Diversifying by launching new products
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Three things that might hold back a company's ability to grow are :-
Increasing demand for their products
Restricted funds
Being a Private Limited Company
Limited skills and experience
Proprietors are happy with their current lifestyle
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is not a type of Economy of Scale?
Managerial
Technical
Marketing
Purchasing
Public relations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is reduced by Economies of Scale
Total production Costs
Total sales Revenue
Unit costs
Salary paid to employees
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