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What is the northernmost UK weather station? correct answers Leuchars (Coastal) What is the northernmost English weather station (second in the UK)? correct answers Leeming (Inland) What is the westernmost UK weather station? correct answers Camborne (Coastal) Which weather station is closest to London? correct answers Heathrow (Inland) Which UK weather station is closest to the Isle of Wight? correct answers Hurn (Coastal) In alphabetical order, what are the three overseas w...

What is the definition of a market? correct answers A place where buyers and sellers meet to exchange goods and services. What is the definition of marketing? correct answers It is a process which involves anticipating, identifying and meeting customer needs and wants whilst making a profit. What is the definition of mass market? correct answers Targets a large majority of the market by a generic product that meets a variety of customer needs. What is the definition of a niche market...

allocative efficiency correct answers achieved when society is producing an appropriate bundle of goods relative to consumer preferences in order to maximise welfare (producer where MC=AR) arbitrage correct answers a process by which prices in two market segments are equalised by the purchase and resale of products by market participants average cost correct answers the total cost divided by the quantity produced (cost of production per unit) backward integration correct answers a p...

Globalisation correct answers The growing interdependence of countries, people and cultures worldwide through increasing connections including trade in goods and services and flows of capital, technology and ideas/ Shrinking world correct answers Although physical distances around the world are unchanged, technology has massively reduced the time it takes to trade, travel, and communicate globally. Transport developments for globalisation correct answers - Railways - Aircraft - Contai...

Explain one reason why a business might collect market research information - tastes (3) correct answers Market research provides the business with information about customer tastes (1). This will allow the business to keep its products competitive (1), which then leads to more sales (1) Explain one reason why a business might collect market research information - changing preferences (3) correct answers The business will find out about customers' changing preferences (1). This allows th...

CAD correct answers use of computers to design and develop products CAM correct answers using computer-controlled equipment to machine materials FEA correct answers using CAD virtual modelling to test how a product component will withstand the conditions to which it is likely to be subjected to CNC correct answers a program, converted form CAD files, which uses special codes to control CAM equipment Rapid Prototyping correct answers the use of computer operated machines to pro...

Brand Name correct answers A name, term, sign, symbol, design or any other feature that allows consumers to identify the goods and services of a business and to differentiate them from those of competitors E-commerce correct answers Conducting business transactions online Online retailing correct answers The retailing of goods online Market correct answers A set of arrangements that allows buyers and sellers to communicate and trade in a particular range of goods and services Mar...

aseptic techniques to transfer bacterial cells growing on an agar gel plate to a tube containing a sterile broth correct answers -disinfect surfaces -work near bunsen flame -flame top of tube -heat wire loop -open lid of petri dish to small extent -allow wire loop to cool locust dissection correct answers 1. pin the locust 2. cut body open 3. submerge under water a student investigated the effect of different gases on the breathing rate of a locust. they blew exhaled air over a l...

Absolute advantage correct answers When a country's output of a product per unit of input is greater than that of any other country. Absolute poverty correct answers When a person does not have the income or wealth to fulfil their basic needs. Aggregate Demand (AD) correct answers The total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending and net external demand. Aggregate Supply (AS) correct...

Attitudes correct answers - combination of beliefs and feelings Wood's triadic model correct answers - Cognitive, Affective and Behavioural Prejudice correct answers - pre-judgement of a person Stereotype correct answers - fixed image of person Cognitive dissonance correct answers - two contradictory factors affect behaviour of sportsperson Arousal correct answers - state of mental and physical preparedness Hull's drive theory correct answers - higher the arousal, ...

% mark up correct answers (Difference in price/original cost) X 100 % change correct answers ((New value - old value)/old value) X 100 Price elasticity of demand (PED) correct answers % change in quantity demanded/% change in price Income elasticity of demand (YED) correct answers % change in quantity demanded/% change in income net cash flow correct answers cash inflows - cash outflows opening balance correct answers cash balance at the start of the month closing balance...

Explain one possible non-financial aim an entrepreneur may have when starting a small business - satisfaction (3) correct answers An entrepreneur may wish to gain personal satisfaction from starting a business (1). This is because they may feel that they have achieved something in life (1) which is based on the hard work they put into starting the business (1) Explain one possible non-financial aim an entrepreneur may have when starting a small business - independence (3) correct answers A ...

Firm correct answers An organisation that brings together factors of production in order to produce output. Reasons Firms Grow correct answers 1. Increase market share. 2. Increase economies of scale. 3. Gain power. Reasons Firms Remain Small correct answers 1. Legal barriers. 2. Overt barriers 3. High sunk costs. 4. Niche-market business. 5. Lack of expertise. 6. Optimum efficiency achieved. Barriers to Entry correct answers Obstacles that ensure the continued existence of m...

Production Possibility Frontier correct answers Supply and demand diagram showing equilibrium correct answers Supply and demand surplus correct answers Increase in demand correct answers Decrease in demand correct answers Increase in supply correct answers Decrease in supply correct answers Consumer surplus correct answers Producer surplus correct answers Inelastic demand correct answers Elastic demand correct answers Unitary elastic demand ...

What is population? correct answers The whole set of items that are of interest What is a sample? correct answers some subset of the population intended to represent the population What is a census? correct answers Data collected from the entire population Advantages and disadvantages of a census correct answers > should give completely accurate result but... > time consuming and expensive > can't be used when testing involves destruction > large volume of data...

Prokaryotic cell correct answers Cells that don't have a nucleus and other membrane bound organelles. Eukaryotic cell correct answers DNA=Linear, DNA inside nucleus, no cell wall, mitochondria present, larger ribosomes. Mitochondrion correct answers Inner of its two membranes folded to form finger-like projections called cristae. Site of aerobic respiration and produces ATP. Nucleus correct answers Enclosed by envelope composed of two membranes perforated by pores. Contains chrom...

Hardwoods correct answers oak mahogany beech jetulong balsa Softwoods correct answers scots pine parana pine cedar larch redwood Ferrous metals correct answers mild steel carbon steel cast iron Non-ferrous metals correct answers aluminium copper zinc tin Alloys correct answers stainless steel duralumin brass Thermoplastics correct answers PET HDPE PVC LDPE PP Acrylic ABS Thermosetting plastics correct answers epoxy resins urea formaldehyde polyes...

Population correct answers The whole set of items that are of interest Census correct answers Observes or measures every member of a population Advantages of a census correct answers It should give a completely accurate result Disadvantage of a census correct answers Time consuming and expensive Hard to process large quantity of data Sample correct answers A selection of observations taken from a subset of the population which is used to find out information about the populatio...

Corporate objectives correct answers The objectives of a medium to large-sized business as a whole Departmental and functional objectives correct answers The objectives of a department within a business Mission statement correct answers A brief statement, written by the business, describing its purpose and objectives, designed to encapsulate its present operations Objective (or goal) correct answers A target of or outcome for a business that allows it to achieve its aims SMART c...

How many feet in an acre correct answers 43,560 Certain pesticides may be exempt from permit requirements in California if DPR Director determines that the pesticide correct answers Requires no further restrictions beyond those imposed by federal regulations and the label. Does a farmer applying roundup on his property have to report to the Ag Commissioner correct answers Yes Definition of a Label correct answers Is any written, printed or graphic matter with pest Not required infor...