How’s your knowledge of IGCSE Business Studies? Do you know GPM from ROCE? Now’s the time to find out!
You will find 12 revision questions in this revision quiz, 2 questions from each unit
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Select TWO advantages to the franchisee of entering a franchise agreement.
Franchisors (like McDonalds or Starbucks) offer the franchise agreement.
Franchisees pay for the right to use the franchisors logo and branding.
Table 1: Percentage of economic activity by sector in country X,Y and Z |
|||
Primary |
Secondary |
Tertiary |
|
Country A |
37 |
20 |
43 |
Country B |
13 |
17 |
70 |
Country C |
76 |
14 |
10 |
Give two reasons why Country C may have a higher proportion of activity in the primary sector
Select two advantages of external recruitment
Select two disadvantages of meetings
Select the correct order in the channel of distribution from the end of the production line to the customer
(End of production line at top, customer at bottom)
View Answers:
A business has a target market that is 40% under 21 and 60% over 21.
In a sample of 200 customers, how many selected should be over 21 if the results are representative of the total market?
How can you make the market research sample match the target market?
See Through Glass (SGT) produces windows. Using the details below calculate the break-even point.
Costs ($) | |
Rent | 10000 |
Equipment | 20000 |
Variable Cost | 50 per window |
Selling Price | 70 per window |
Contribution per unit = Selling price per unit – variable cost per unit
Breakeven point = Fixed Costs
Contribution per unit
At the Del Monte pineapple plantation, 25 workers pick 20,000 pineapples in one harvest. What is the labour productivity?
Labour productivity is output ÷ number or workers
Select the stakeholder group most interested in ROCE (Return on Capital Employed)
Rad Bikes manufactures customised bicycles for outdoor sports.
Calculate the value of X
Trade Receivables + Cash = (Total) Current Assets
The economy in country Y has moved into a recession. Select the most likely change of a business’s objectives.
A recession is when the economy is getting smaller, so customers have less money to spend.
Select the most suitable definition of globalisation