Business Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Business? On this page you'll find 1578 study documents about Business.
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Business Final Exam Questions and Answers 2024
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Business Final Exam Questions and Answers 2024
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Business past paper multiple choice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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A business is able to reduce unit costs because of lessons learnt throughout the period 
it has existed. This is known as: 
A economies of scale. 
B economies of scope. 
C synergy. 
D the experience curve. 
: D 
the experience curve 
The managers of a business propose to retain all of its profit to finance automation of a 
business is able to reduce unit costs because of lessons learned throughout the 
its production. This is most likely to cause conflict with: 
A employees and lenders. 
B e...
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BUSINESS CASE - Identify a project that is of interest to you
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BUSINESS CASE 
Identify a project that is of interest to you. The best source 
would be through a general internet search and/or local media 
sources. When selecting a project of interest to you, avoid 
picking one that is either too big or too small. For example, 
do not decide to build a new stadium for your local sports 
team (too big) or to plant your summer garden (too small). 
Select a project that you can relate to and have some 
experience with or that may be ongoing or recently complete...
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AQA GCSE BUSINESS 8132/1 Paper 1 Influences of operations and HRM on business activity Mark scheme 2023
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Multiple Choice Questions 
Question 
Number 
 
Answer 
1.1 A It can issue shares 
1.2 C Packaging 
1.3 C Items are produced individually to meet the exact requirements of a 
 
customer. 
 
1.4 B They keep the job role along with someone else. 
1.5 C Improved staff communication. 
1.6 B Businesses need to reduce production to match sales. 
Identify two stakeholders of a business. 
 
[2 marks] 
 
Marks for this question: AO1 – 2 marks 
1 mark for identifying a stakeholder x 2. 
Possible answers ...
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Business Exam #1 Questions & Answers 2023/2024
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Business Exam #1 Questions & Answers 2023/2024 
 
 
Free enterprise - ANSWER-the system of business in which individuals are free to decide what to produce, how to produce it, and at what price to sell it 
 
Free enterprise example - ANSWER-A can sell everything from televisions, toys, and tools to computers, cameras, and clothing 
 
Why to study business? - ANSWER-For help in choosing a career 
To be a successful employee 
To improve your management skills 
To start your own business 
To become...
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Business- Exam 20 Questions & Answers 2023/2024
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Business- Exam 20 Questions & Answers 2023/2024 
 
 
How do businesses affect communities? - ANSWER-Businesses affect communities by putting money into them. Taxes that businesses pay stay in the community and therefore benefit the little economy. 
 
Explain the difference between entrepreneurial resources and labor resources. - ANSWER-Entrepreneurial resources are things like capital lines of credit, financing. On the other hand, labor resources are the resources of available manpower. 
 
What ...
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BUSINESS EXAM - REVISION - 10/01/2022 QUESTIONS & ANSWERS
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BUSINESS EXAM - REVISION - 10/01/2022 QUESTIONS & ANSWERS 
 
 
1) 
Which of the following would be classified as an internal stakeholder of a private limited company? - ANSWER-directors 
 
2) 
A business operated by a sole trader has; - ANSWER-one owner 
 
3) 
A public limited company; - ANSWER-can sell its shares on the stock exchange 
 
4) 
Which of the following functional areas of a business is most likely to be responsible for 
producing a radio advertisement to raise awareness of its new p...
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PEARSON EDEXCEL LEVEL 1 & 2 GCSE JUNE 2023 BUSINESS 1BSO PAPER 1 Questions
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PEARSON EDEXCEL LEVEL 1 & 2 GCSE JUNE 2023 BUSINESS 1BSO PAPER 1 Questions
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business mocks 2 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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An employee resists change because it will not help her personally. The business 
overcomes her resistance by offering her a role in managing the change. This is an 
example of using: [1 mark] A coercion to overcome fear and misunderstanding. B 
coercion to overcome self-interest. C manipulation to overcome fear and 
misunderstanding. D manipulation to overcome self-interest. 
: manipulation to overcome self-interest. 
Statement 1: 'A prediction based on a strong, negative correlation will ...
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PEARSON EDEXCEL LEVEL 1 & 2 GCSE JUNE 2023 BUSINESS 1BSO PAPER 2 Questions
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PEARSON EDEXCEL LEVEL 1 & 2 GCSE JUNE 2023 BUSINESS 1BSO PAPER 2 Questions
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