year 1 revision edexcel business a level GCE
Authored by Alf Pint
Business
12th Grade
Used 24+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profit satisficing =
make as much profit as possible
make enough money to breakeven
make enough profit to keep owners happy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The missing term =
net profit (for the year)
finance costs
operating profit
current liabilities
3.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Cost of goods sold = £ (a)
4.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Gross profit margin = (a) %
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operating profit margin =
26 %
48 %
52 %
62 %
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Boston Matrix : A product with low market share and high market growth =
cash cow
dog
star
problem child (question mark)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which line is the green arrow pointing to ?
fixed costs line
total revenue line
total costs line
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