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WorksheetsEdexcel Business 9-1 Theme 2 Created By 11A
Total questions: 16
Worksheet time: 5mins
Name
Class
Date
1.
What type of business is Tesco?
a)
LTD (Private Limited Company)
b)
Sole Trader
c)
PLC (Public Limited Company)
d)
Partnership
2.
who has unlimited liability
a)
stakeholder
b)
sole trader
c)
partnership
d)
public limited company
3.
What is the order of the product life cycle?
a)
growth, extension strategies/decline, maturity, introduction
b)
introduction, maturity, growth, extension/decline
c)
introduction, growth, maturity, extension/decline
d)
extension strategies/ decline, maturity, growth, introduction
4.
Which one of these is NOT and advantage of being a PLC?
a)
Ability to raise finance through share capital
b)
Limited Liability
c)
Increased public & media attention
d)
Considered more prestigious and reliable
5.
in a bar gate stock graph, what is the maximum level for?
a)
maximum revenue achievable
b)
maximum amount of stock
c)
maximum level to restock
d)
mximum amount of weeks stock can last
6.
what are examples of organic growth ?
a)
external growth
b)
takeover
c)
new products developed
d)
merger
7.
what is meant by the term 'External sources of finance'?
a)
Finance found outside the business
b)
people who find other businesses interesting
c)
A Business growth
d)
research and development of business
8.
Which one of the following is an example of a barrier to international trade?
a)
Import
b)
Export
c)
Tarrif
d)
Globalisation
9.
which one of the following is an example of how a business might evolve as it grows?
a)
market conditions
b)
reducing workforce
c)
greater share capital
d)
focus on survival
10.
What is the formula for revenue?
a)
gross profit-sales
b)
price x sales
c)
sales+net profit
d)
price x quantity sold
11.
which one of the following is not an example of a barrier to international trade?
a)
quota
b)
exchange rate complications
c)
tariff
d)
globalisation
12.
what is buying and selling online called?
a)
ecommerce
b)
shareholders
c)
shopping
d)
marketing mix
13.
what does the term globalisation mean ?
a)
operating in a large market
b)
operating within only one country
c)
operating your business in a niche market
d)
operating on an international scale
14.
whos the best student
a)
vin
b)
megan
c)
jamarl
d)
non binary penguin
15.
explain one advantage to a business of being a public limited company?
a)
that only public limited companies can raise share capital
b)
an incorporated business that can sell shares to the public
c)
ability to rise additional finance
d)
limited liability
16.
what are disadvantages to a business exporting goods overseas?
a)
expenses are high
b)
access to foreign markets
c)
you have to buy a boat
d)
diseases
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