Level 1/2 CamNat Enterprise & Marketing  (R064/01)

Level 1/2 CamNat Enterprise & Marketing (R064/01)

10th Grade

16 Qs

quiz-placeholder

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Level 1/2 CamNat Enterprise & Marketing  (R064/01)

Level 1/2 CamNat Enterprise & Marketing (R064/01)

Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Richard Curzon

Used 41+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole trader business has unlimited liability. One key feature of unlimited liability is that ...

... they are responsible for all of their debts.

... they are working with a number of other people.

... they cannot get finance from a bank.

... they work on their own.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which ONE of the following is an external factor that could impact on product development?

Departmental communication

New legislation

Staffing costs

Store layout

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A restaurant has created a new pizza dough recipe for their pizzas. Which ONE of the following is a legal issue they need to consider to protect their new pizza dough recipe?

Business plan

Discrimination

Inflation

Patent

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following may be a reason for a small business to complete market research?

To advertise for a new sales manager

To aid decision-making about their product

To help track stock levels

To inform staff of changes to their product

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an aspect of the design mix model that contributes to the successful design of a new handbag?

A design which has an appealing appearance

A design which is cheaply priced

A design which is produced by a computer program

A design which is widely advertised

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an economic external factor that could affect product development?

Change in pricing

Change in taxation

Copyright challenge

Digital development

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following correctly represents the stages of the product lifecycle?

Development, Introduction, Growth, Maturity, Decline

Development, Introduction, Maturity, Growth, Decline

Introduction, Development, Growth, Maturity, Decline

Maturity, Development, Introduction, Growth, Decline

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