Enterprise & Marketing R064 Multiple Choice 2
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Last updated over 5 years ago
16 questions
1
Which of the following is an example of a variable cost for a coffee shop?
Which of the following is an example of a variable cost for a coffee shop?
1
Which of the following is a word which describes a growing economy?
Which of the following is a word which describes a growing economy?
1
Which functional area is responsible for monitoring cash flow?
Which functional area is responsible for monitoring cash flow?
1
A break-even graph for a new product is shown below.
A break-even graph for a new product is shown below.
1
What is the name given to the share of profits paid by a franchisee to a franchisor each year?
What is the name given to the share of profits paid by a franchisee to a franchisor each year?
1
Which functional area is responsible for health and safety in the workplace?
Which functional area is responsible for health and safety in the workplace?
1
Which of the following is a method of primary (field) market research?
Which of the following is a method of primary (field) market research?
1
Which of the following tasks would be carried out by the Marketing function of a business?
Which of the following tasks would be carried out by the Marketing function of a business?
1
Which of the following is a legal external factor which could affect product development?
Which of the following is a legal external factor which could affect product development?
1
Which of the following would be included in a business plan for a start-up business?
Which of the following would be included in a business plan for a start-up business?
1
A sole trader decides to advertise their business using social media.
One key feature of advertising using social media is that:
A sole trader decides to advertise their business using social media.
One key feature of advertising using social media is that:
1
What does Line X represent on the break-even graph?
What does Line X represent on the break-even graph?
1
Which pricing strategy is being used by a business which launches a new product with a low price to generate sales quickly?
Which pricing strategy is being used by a business which launches a new product with a low price to generate sales quickly?
1
A sole trader finances their new business using a small business grant.
Which of the following best describes a feature of this source of capital?
A sole trader finances their new business using a small business grant.
Which of the following best describes a feature of this source of capital?
1
Which of the following would not be carried out by the Operations function of a business?
Which of the following would not be carried out by the Operations function of a business?
1
A sole trader carries out secondary (desk) market research when preparing to set up a new business.
One benefit of using this method is that:
A sole trader carries out secondary (desk) market research when preparing to set up a new business.
One benefit of using this method is that: