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Worksheetsbusiness
Total questions: 24
Worksheet time: 12mins
Is a trade between suppliers and customers who are located in different countries:
Business
International trade
External trade
universal trade
Trade of physical goods:
goods trade
visible trade
international trade
visible trade
Are goods sold to countries abroad:
Imports
Trade
Exports
visible trade
a tax on imports or exports:
quota
tariffs
subsidy
barriers
a limited quantity of a particular product that can be imported or exported:
subsidy
quota
tariffs
barriers
money support from the government to help the industry keep its prices low:
quota
subsidy
tariffs
spending
the price of one currency expressed in terms of another currency:
interest rate
exchange rate
financial rate
loan
an iPhone is price in U.K is Euro 1500, how much is its sold in U.S knowing that 1 Euro= $1.97
$2955
$761
$1501.2
$800
a machine has a price in U.K Euro 500. How much it is bought from U.S knowing that Euro 1 = $1.97
$985
$253.8
$501
euro 253.8
is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.
Expenses
Spending
Revenues
Legislation
is the percentage of total sales (by value) or total output that a business has in a specified market.
Share
Market share
business share
sales share
is the financial return or reward that entrepreneurs aim to achieve to reflect the risk that they take
revenues
profit
expenses
cost
the ------ of a business is when it expands in size.
growth
size
share capital
market share
Shareholders Satisfaction through:
job security
dividends
customer satisfaction
profit
Employee satisfaction through:
dividends
profits
job security
customer satisfaction
______ is a structure of a society or a legal or political system
legal framework
constraint
politics
spendings
Taxes that the companies paid are called:
income taxes
indirect taxes
corporation taxes
company taxes
taxes that you pay based on your income are called:
income taxes
corporation taxes
indirect taxes
direct taxes
______:money takes from people’s wages and given to unemployed.
social security
spending
legislation
taxes
Government build schools, universities, bridges, roads
infrastructure
spending
support
taxation
giving customers good quality and prices:
competition policy
consumer protection
environmental legislation
protection
starting the business with few capital
undercapitalized
financial capital
overtrading
credits
(charge a high price) or inappropriate market strategy.
advertising
competition
•Ineffective cost control
Ineffective marketing
(expand too quickly)
overtrading
undercapitalized
borrow too much
