Theme 1.5 Review

A stakeholder is anyone who has an..............interest in a business

• Interest

• Investment

• Incentive

• Incident

Which of the following is NOT an example of a stakeholder?

• employee

• owner

• customer

• conflict

"a general rise in prices" is a definition of....

• interest rates

• exchange rates

• inflation

• unemployment

"the cost of borrowing money" is a definition of...

• exchange rates

• interest rates

• taxation

• inflation

which of the following is NOT a tax in the UK?

• VAT

• labour tax

• income tax

• corporation tax

Which of the following is NOT an entitlement of consumer protection?

• refund

• repair

• replace

• reallocate

a measure of the value of one currency against another is....

• exchange rate

• interest rate

• inflation

• taxation

Which of the following is NOT a form of digital communication?

• email

• text

• social media

• letter

If the economy is growing, which type of goods become more popular?

• essential

• luxury

Which stakeholder is most likely to have the objective of profit maximisation?

• customer

• employee

• owner

• pressure group