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WorksheetsEdexcel GCSE Business 1.2 - 1.4 revision 1
Total questions: 13
Worksheet time: 7mins
What source of finance is for short term emergencies
Overdraft
Bank Loan
Venture Capital
Crowdfunding
What is the formula for break even
Fixed costs / contribution
Fixed costs / selling price
Variable costs / selling price
Fixed costs / margin of safety
What is the break even point
Where sales revenue is the same as fixed costs
Where sales revenue is the same as variable costs
Where sales revenue is the same as total costs
Where fixed costs is the same as variable costs
What is trade credit
A short term source of finance from a supplier for stock.
A long term source of finance from a supplier for stock
A short term source of finance from a bank for stock
A long term source of finance from a bank for stock
Businesses that have unlimited liability are
incorporated
unincorporated
Limited companies
Franchises
In limited liability personal assets are protected
True
False
Neither
Both
Which is part of the marketing mix
Product
People
Plans
Advertisinf
What is the term for using mobile phones to sell products/services
E commerce
Apps
M Commerce
Payment platform
How do new business ideas come about
Changes in technology
Adapting an exiting idea
Products being obsolete
Changes in consumer wants
Which of these is not a method of adding value
Branding
Convenience
Design
Price
Which of these is an example of primary research
Focus Group
Internet
Company reports
Government statistics
Which of these is an example of qualitative market research
Government statistics
Questionnaire
Focus group
Trade reports
Which are the correct 6 market segments
Location, demographics, religion, lifestyle, income, age
Gender, demographics, behaviour, lifestyle, income, age
Location, demographics, behaviour, lifestyle, income, age
Location, demographics, gender, religion, income, age
