A Level Business Theme 1

A business that buys goods from manufacturers then sells them in small quantities to retailers

Whose theory of motivation looks at hygiene factors?

Which of the following is NOT a stage of the recruitment process

Redundancy and dismissal are the same thing

Leader makes all the decisions and one way communication are which leadership style?

Production involving the extraction of raw materials from the earth is

YED is

The number of people a person is directly responsible for

Reducing the quantity of resources that are discarded in the pruduction process

Revenue =

Who developed the hierarchy of needs?

Which is NOT a characteristic of a successful entrepreneur?

Chain of command is the order or levels of responsibility in an organisation

Which of the following is NOT a SMART objective

Goods for which demand will fall if income rises

A line drawn on a graph that shows how much of a good will be bought at different prices

Setting a high price initially and then lowering later is

Spending on business resources that have already been consumed or will be very shortly

Price elasticity of demand is

Unlimited liability means the owner of the business is personally liable for all business debts

Cleary defined rules, and tightly defined job descriptions are which leadership style?

Which of the following is NOT in the product life cycle

Profit =