Business Management Revision

What does the Trading Account highlight?

Businesses involved in the manufacturing process

Describe the term market share

Which of the following is not an example of a quality input?

Describe one impacts the Equalities Act may have on an organisation

Paying for an asset in instalments and after the final payment is made the asset is owned

Opening more stores, taking on more staff or developing more products.

Sales are at their highest point and competitors enter the market

Identify two cash flow problems with Green Energy Solutions cash budget

Charging a low price to enter a competitive market

Producing products in groups, no product in the group moves on to the next stage until all do

A test used to assess the candidates skill and natural abilities for a field of work

Which of the following is not part of the recruitment process

Describes the ideal candidate for the position including skills and qualifications

Which two of the following are examples of being environmentally friendly?

Which of the following is not a type of training

A business that can sell shares on the stock exchange

Used by PLC's where interest is paid yearly and the loan amount is repaid in the final year

Identify the profit made at 20 units

Checking a sample of the raw materials and the finished goods

Describe the term contribution

Identify the variable cost per unit

Businesses aim to make a profit and are owned by private individuals

Identify the benefits of field research

Business involved in taking raw materials and turning them into finished goods