20 /11 yr 2 recap A level AQA

Which form of business has unlimited liability ?

• LTD

• PLC

• Sole trader

Which type of business has floated shares on the stockmarket ?

• LTD

• PLC

• Public sector organisation

• sole trader

Market capitalisation = number of shares issued :

• X current share price

• • + current share price

• • - current share price

• divided by current share price

Which two are non-profit ?

• A mutual business

• A charity

• Tesco

• BT

In the Tannebaum and Schmidt leadership continuum :

• Tell is after Sell

• Join is before Tell

• Tell is before Sell

• Consult is before Sell

Market research to obtain numerical, statistical data, uses :

• Open questions

• Closed questions

• Focus groups

• qualitative research

Changes in UK economic growth affect a firm more if :

• Demand is income inelastic

• Demand is income elastic

In the Boston Matrix, which is true ?

• Cash cow has a low market share

• Dog has high market growth

• Problem child (?) has low market growth

• Cash cow has large market share

A reduction in capacity utilisation leads to :

• an increase in return on capital employed (ROCE)

• lower average unit costs

• lower fixed cost per unit

• higher average unit costs

The re-order quantity =

• 400

• 600

• 200

• 800