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Mid Oct Yr 1 recap

Total questions: 15

Worksheet time: 6mins

Name
Class
Date
1.

The 'T' in PESTLE+C external factors =

a)

Technophobe

b)

Training

c)

Turnover

d)

Technological

2.

Market capitalisation = Number of shares issued X

a)

Last year's share price

b)

Current share price

c)

Number of shareholders

d)

Average share price this year

3.

Demographic change (Social) uses the acronym CAGE =

a)

Class, Accent, Greed, Envy

b)

Class, Age, Gender, Education

c)

Class, Age, Gender, Ethnicity

d)

Class, Achievement, Gender, Education

4.

How would an increase in the price of a substitute affect sales of Product A ?

a)

Product A sales would rise

b)

Product A sales would fall

c)

Product A sales would stay the same

5.

What is R and D ?

a)

Redo and develop

b)

Research and do

c)

Research and development

d)

Rates and depreciation

6.

Which image shows complementary goods ?

a)

b)

c)

7.

Which are fixed costs ?

a)

raw materials, packaging,

b)

production labour wages, delivery fuel

c)

Loan interest, office salaries

d)

Energy to make the product, Sales commission

8.

Shareholders at the Annual General Meeting of the Company

a)

Have one vote per person

b)

Have one vote per share

c)

Have one vote per £1,000

d)

Have one vote per century

9.

Which functional area promotes the product of the business ?

a)

Finance department

b)

Human Resources

department

c)

Operations (production) department

d)

Marketing department

10.

A dividend (part of the profits) is

a)

always paid to shareholders

b)

never paid to shareholders

c)

paid to shareholders if a profit is made that year

11.

Main reason to set up a company :

a)

It is easier (than setting up a sole trader)

b)

It guarantees success

c)

To protect personal possessions

d)

It is quicker (than setting up as a sole trader)

12.

Which is unincorporated ?

a)

Sole trader

b)

LTD

c)

PLC

13.

A positive effect on Gregg's share price :

a)

food poisoning at Gregg's

b)

lower profits at Gregg's

c)

closure of all Subway (sandwich shops)

d)

McDonalds announces expansion

14.

A rise in interest rates in UK will :

a)

decrease loan repayments

b)

increase loan repayments

c)

make savers worse off

d)

make the UK £ weaker

15.

Impact of paying your suppliers fairtrade prices =

4 lines