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Exam (elaborations)

BUSINESS- A LEVEL- AQA QUESTIONS WITH CORRECT ANSWERS 2024

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BUSINESS- A LEVEL- AQA QUESTIONS WITH CORRECT ANSWERS 2024

Institution
AQA A LEVEL BUSINESS
Course
AQA A LEVEL BUSINESS









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Institution
AQA A LEVEL BUSINESS
Course
AQA A LEVEL BUSINESS

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Uploaded on
October 13, 2024
Number of pages
11
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • business a level aqa questions with correct answ

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BUSINESS- A LEVEL- AQA QUESTIONS
WITH CORRECT ANSWERS 2024
AimA-AcorrectAanswer-TheAintentionAtoAreachAaAgoal.



AverageARateAofAReturnA-AcorrectAanswer-
TheAaverageAprofitAforAtheAyearAasAaApercentageAofAtheAoriginalAinvestment.A

AverageArateAorAreturnA=AaverageAreturnAperAannumA/AinitialA100



Break-EvenAOutputA-AcorrectAanswer-
TheApointAatAwhichAtheAbusiness'AtotalAsalesAequalsAtheAtotalAcosts.AThereAisAneitherAprofitAnorAloss.



BufferAStockA-AcorrectAanswer-
AAstockAofArawAmaterialsAheldAinAreserveAtoAprotectAtheAproductionAprocessAfromAunforeseenAshortages.



Cash-FlowAForecastA-AcorrectAanswer-
AAfinancialAplanningAtoolAthatAestimatesAtheAmoneyAcomingAintoAandAgoingAoutAtheAbusinessAonAaAmonthA
toAmonthAbasis



CentralisationA-AcorrectAanswer-
MaintainingAcontrolAbyAkeepingAauthorityAatAtheAseniorAlevelsAofAtheAorganisation.



ChainAofACommandA-AcorrectAanswer-
TheAlineAthroughAtheAhierarchyAthatAshowsAwhoAisAresponsibleAforAwhomAfromAtopAtoAbottomAofAanAorgan
isation



ChannelsAofADistributionA-AcorrectAanswer-
TheArouteAtheAownershipAofAtheAproductAtransfersAfromAtheAsellerAtoAtheAbuyer



CommissionA-AcorrectAanswer-
AnAamountApaidAtoAanAemployeeAbasedAonAaApercentageAofAtheAemployee'sAsales

, CompetitiveAPricingA-AcorrectAanswer-
SettingAtheApriceAofAaAproductAsoAthatAitAisAinAlineAwithAcompetitors'Aprices.



Cost-PlusAPricingA-AcorrectAanswer-
SettingAtheApriceAofAaAgoodAorAserviceAatAanAamountAhigherAthanAtheAcostAofAproducing



DecentralisationA-AcorrectAanswer-WhereAauthorityAisAspreadAwidelyAthroughAtheAorganisation.



DelayeringA-AcorrectAanswer-
TheAreorganisationAofAtheAorganisations'sAemployeesAsoAthatAthereAareAfewerAlevelsAofAmanagement



DelegationA-AcorrectAanswer-AllocatingAaAtaskAtoAsomeoneAwhoAwouldAnotAnormallyAbeAresponsibleAforAit



DiseconomiesAofAScaleA-AcorrectAanswer-
WhenAaAbusinessAgrowsAtooAlarge,AleadingAoAaApossibleAincreaseAinAunitAcost



DividendA-AcorrectAanswer-AAportionAofAtheAafter-
taxAprofitAthatAisApaidAtoAshareholdersAaccordingAtoAtheAnumberAofAsharesAowned



E-commerceA-AcorrectAanswer-BusinessAtransactionsAcarriedAoutAelectronicallyAonAtheAinternet



EconomiesAofAScaleA-AcorrectAanswer-TheAcostAadvantageAorAproducingAonAaAlargeAscale



EnterpriseA-AcorrectAanswer-
TheAabilityAtoAidentifyAbusinessAideasAandAopportunitiesAtoAbringAthemAtoAfruitionAandAtoAtakeArisksAwhere
Aappropriate




ExchangeARatesA-AcorrectAanswer-TheApriceAofAoneAcurrencyAbasedAonAanother



ExtensionAStrategiesA-AcorrectAanswer-MethodsAusedAtoAprolongAtheAlifeAofAaAproduct
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