NCFE Unit 1 revision

Which of the following is a good

Who are the company that collect tax?

a need is something you can't live without

Which would be the quickest form of distribution?

Demand goes down on the curve

Mass market is a large, general market consisting to various sectors and appeals to large groups of people

What type of pricing strategy starts with a high price?

Which is not one of the stages of the product life cycle?

A royalty is what is paid to the franchisor

Which of the following is not primary research

The equilibrium price is where demand and supply meet

Where you take out a level of the hierarchy

The amount of people you are directly in charge of

By law a company always has to be ethical?

quantitative data is anything that can be expressed as a number

Which of these isn't a legal structure?

What type of pricing strategy is where the business charges similar to the competition

What promotion would a new coffee shop in Kibworth use?

which has high market growth and high market share

Organisations that have a few levels of hierarchy

Which of the following are not internal stakeholders

Which of the following isn't a non-financial aim?

A sole trader has unlimited liability

Which of the following is part of a SMART Target

Which of the following isn't a characteristic of an entreprenuer

Which type of promotion is likely to be the most expensive?

A private limited company can only sell shares on the stockmarket

An aim is what a business is trying to achieve

Which of the following has limited liability

Which of these isn't on the Boston Matrix