moniquekate182
Quiz by , created more than 1 year ago

unit 1

27
0
0
moniquekate182
Created by moniquekate182 about 9 years ago
Close

Business Studies AQA AS

Question 1 of 8

1

What are 3 motives of becoming an entrepreneur?

Select one or more of the following:

  • Escape an uninteresting job

  • To have more fun

  • Easier

  • A new idea

  • Seen a gap in the market

  • Less risk

Explanation

Question 2 of 8

1

opportunity costs are: the costs of an activity expressed in terms of the next best alternative.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 8

1

There is only 2 ways to protect a business.

Select one of the following:

  • True
  • False

Explanation

Question 4 of 8

1

A franchisee is the person who is selling the franchise to another individual.

Select one of the following:

  • True
  • False

Explanation

Question 5 of 8

1

Break even output is calculated as:

Select one of the following:

  • fixed costs / contribution per unit

  • contribution per unit X number of units sold

  • selling price - variable cost

Explanation

Question 6 of 8

1

A business plan should include: (tick all that apply)

Select one or more of the following:

  • legal structure

  • old ideas

  • start date

  • vision for the business

  • pricing

  • business advisors advice

  • benefits to customers

  • government agencies

Explanation

Question 7 of 8

1

there are 3 types of sampling

Select one of the following:

  • True
  • False

Explanation

Question 8 of 8

1

qualitative data is:

Select one of the following:

  • data about opinions, attitudes and feelings.

  • data in numerical form

Explanation

Previous
Next