S3 Business - end of unit

A franchise is a flexible path to owning your own business?

• True

• False

You are the franchisee, which means you have to pay an agreed share of your profits to the franchiser, is this an....

• Advantage

• Disadvantage

Which one of these organisations operates in the private sector?

• NHS

• JD Sports

• Police Scotland

• Oxfam

Which of the following is NOT a business objective??

• Improving market share

• Increasing sales

• Ensuring staff get tea breaks

• Maximizing profits

If a business has poor CSR (corporate social responsibility) what will this result in (more than 1 answer)

• Bad reputation

• Poor brand image

• Reduced sales

• Lack of customer loyalty

Good customer service is essential because (more than 1 answer)?

• It improves the organisations reputation

• Increases customer loyalty

• Creates a UPS (unique selling point)

• Increases customer complaints

Organisations who are socially responsible may....

• Support their local foodbank

• Ensure they recycle wherever possible

• Concentrate all their efforts on making money

• Use sustainable methods in production

The franchiser controls many aspects of the business, including (more than 1 answer)...

• Selling price

• Products sold

• Layout of the premises

• Hair colour of staff

You are setting up a mobile catering van providing street food with your best friend, you are going to be....

• A partnership

• A sole trader

• A public sector organisation

What of the following is unethical?

• Selling Fairtrade products

• Child labour

• Recycling all waste products

• Supporting a foodbank