Break even output is calculated as:

fixed costs / contribution per unit

contribution per unit X number of units sold

data about opinions, attitudes and feelings.

Quiz

Business Studies AQA AS

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1What are 3 motives of becoming an entrepreneur?
1. AEscape an uninteresting job
2. BTo have more fun
3. CEasier
4. DA new idea
5. ESeen a gap in the market
6. FLess risk
2opportunity costs are: the costs of an activity expressed in terms of the next best alternative.
1. AVerdadeiro
2. BFalso
3There is only 2 ways to protect a business.
1. AVerdadeiro
2. BFalso
4A franchisee is the person who is selling the franchise to another individual.
1. AVerdadeiro
2. BFalso
5Break even output is calculated as:
1. Afixed costs / contribution per unit
2. Bcontribution per unit X number of units sold
3. Cselling price - variable cost
6A business plan should include: (tick all that apply)
1. Alegal structure
2. Bold ideas
3. Cstart date
4. Dvision for the business
5. Epricing
6. Fbusiness advisors advice
7. Gbenefits to customers
8. Hgovernment agencies
7there are 3 types of sampling
1. AVerdadeiro
2. BFalso
8qualitative data is:
1. Adata about opinions, attitudes and feelings.
2. Bdata in numerical form