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Edexcel International GCSE Business | Measuring Success in Business Flashcards | StudBud

Explore/Edexcel International GCSE Business | Measuring Success in Business

Edexcel International GCSE Business | Measuring Success in Business

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Questions 9

Answers

1
Which of the following firms has the highest market share in the Spanish grocery market?
Mercadona
Grupo Dia
Tesco
Carrefour
2
What is sales revenue?
The profit made after all costs have been deducted.
The cost of producing a product.
The money generated from selling goods and services.
The price that a customer pays for a good or service.
3
Which of the following scenarios would be most likely to please shareholders?
Increased share price and decreased dividends.
Decreased share price and increased dividends.
Decreased share price and dividends.
Increased share price and dividends.
4
Which of the following is most typically used to measure growth of a business?
Market size
Sales revenue
Profit
Debt
5
What is profit?
The amount of money generated from sales.
The difference which arises when a firm's revenue exceeds its costs.
The costs of a business added to its revenue.
The amount of tax a business must pay.
6
What is market share?
The amount of a market allocated to a business by the state.
The percentage of a market held by a business in terms of sales revenue.
The number of stores or branches owned by a business.
The amount of profit made by a business compared to its competitors.
7
Which of the following firms has the highest sales revenue (2023/2024)
BMW Group
Shell
Apple
Tesla
8
Which of the following is likely to result in increased employee satisfaction?
Redundancy
Recognition of achievement
Decreased salary
Reprimands by a line manager
9
Which of the following is a benefit of employee satisfaction?
Reduced labour turnover
Increased absenteeism
Reduced diversity
Increased salary