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WorksheetsAQA GCSE Business - End of Year 10
Total questions: 15
Worksheet time: 8mins
Which of the following is a benefit to an entrepreneur operating as a sole trader?
Can sell shares
Easy to set up
Limited liability
Many owners
Which of the following states that products must be described accurately?
Consumer Law
Employment Law
Health and Safety Law
Minimum Wage Law
Which of the following is a factor of production?
Land
Opportunity Cost
Profit
Specialisation
Which of the following is likely to be an effect on businesses if there is high unemployment in the economy?
Demand for products rise
Profits go down
There are fewer people available to work
Wages go up
Which of the following means employees are only employed at times when the business needs them?
Full-time working
Zero-Hour Contracts
Low-skilled work
Job Share
Which of the following is most likely to be an objective of shareholders?
Having a decrease in share price
Having an increase in the cash outflows of the business
Increasing the dividends
Increasing the risks facing the business
Which of the following best describes a span of control?
The number of employees a manager looks after directly
The number of employees without a manager
The number of levels of authority in a management structure
The total number of managers in a business
Which of these is a type of diseconomy of scale?
Increased motivation
Investment in technology
Lower average unit costs
Poor communication
Which of the following would be an objective of the local community?
Businesses maximising profit
Businesses paying higher dividends
Businesses paying lower wages
Businesses reducing environmental impact
Which of the following types of business have no restrictions on who shares can be sold to?
Partnership
Private Limited Company
Public Limited Company
Sole Trader
Which method of growth involves employing another business to produce products or provide services?
E-commerce
Franchising
Outsourcing
Merger
Which of the following describes a situation when a profit must be made?
Revenue is equal to total costs.
Revenue is higher than fixed costs
Total costs are higher than revenue.
Total costs are lower than revenue.
Which of the following is a possible drawback of ethical behaviour for a business?
Higher cost of supplies
Higher sales revenue
Low employee motivation
Unlimited liability
Which of the following is a financial method of motivation?
Wage
Greater responsibility
Job share
Training
Which statement is most likely to be correct when interest rates rise?
Businesses increase their expansion plans.
Businesses need to reduce production to match sales.
Consumer spending rises so businesses will employ more staff.
Demand of luxury and non-essential products rise
