12BST - AS 2.1 review

What is the long run reduction in Average Cost (cost p.unit) as a business increases in scale?

Maximum capacity refers to what?

Policies & procedures aimed at ensuring financial information is true and accurate are called?

Which leadership style works best with low skilled workers?

What is a measure of the effectiveness of the production process?

Which production method may keep waste and stocks of raw materials to a minimum?

A direct benefit of a CSR programme is....

Which leadership style focuses on the social needs of workers

The following is a ____________ organisational structure.

What is one of the CSR initiatives of the business in the image is?

The structure where a core of essential executives and workers are supported by others is?

Total cost/output = ?

What is the capacity utilisation rate if a business produces 770 units out of a total of 1,100?

Which leadership style most requires a long timeline to be effective?

How many levels of hierarchy are in the image shown?

Which type of organisational structure keeps responsibility in the hands of managers?

What identifies each job, its function and where it reports to within the organization?

What is the span of control in the image shown?

Spreading out costs such as advertising and reducing average cost refers to what?

What of these areas are included in a cash budget?

What type of organisational structure is in the image shown?

A variance with a positive effect on profit is called a...

What does bougette mean?

CSR stands for...

An indirect impact of a CSR programme could be...

Which of the following gives workers purpose?

Which method of production creates a quantity of like-products as a group.

With an output of 150,000 units p/month and 100 workers. What is the productivity rate?