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Worksheetslesson 1-5 recap A level edexcel business
Total questions: 15
Worksheet time: 3mins
factory supplying a niche market
factory supplying a mass market
Niche market
Mass market
niche market
mass market
Economies of scale leads to :
higher unit cost of production
lower unit cost of production
Which is a food brand ?
Name the company (one word answer)
(a)
original / difference
original / difference x 100
difference / original
difference / original x 100
% increase = 140%
% increase = 14%
% increase = 40%
% increase = 70%
An advantage to a business of selling online :
higher costs rent and staff wages
customers can physically inspect the product
customers can take the product home immediately
a larger range of products can be offered
PEST is an acronym of :
hygiene issues in a restaurant kitchen
Profit Estimates Something Terrible
external factors changing a market
internal factors changing a market
Starbucks logo is a m (a) (on word)
Which of the below is an example of direct competition ?
Which of the following is an internal risk ?
economic recession
exchange rate of the £ changes
product quality issues
new competitors enter the market
Uncertainty is an
internal risk
external risk
How many sausage rolls does Greggs sell each week ?
£ 1 million
£ 1.5 million
£ 5 million
£ 0.1 million
