Edexcel A Level Y13 A2 Business Theme 3

Question 1

Which is the odd one out?

Accepted Answer

Raw materials

Question 2

Which ratio shows how much profit is earned after taking away all costs?

Accepted Answer

Net profit margin

Question 3

The financial statement which shows a company's assets, liabilities, and shareholders' equity:

Accepted Answer

Statement of financial position

Question 4

Which of these strategies is the most risky?

Accepted Answer

Diversification

Question 5

Which ratio shows if a business has enough liquid assets to pay its short-term debts

Accepted Answer

Acid test

Question 6

A measuremnt showing the % you get back from investment

Accepted Answer

ROCE

Question 7

Which of these is one of Porter's five forces?

Accepted Answer

Rivalry amongst existing firms in the industry

Question 8

Which ratio shows how much capital comes from borrowing/debts?

Accepted Answer

Gearing ratio

Question 9

The money available for the day-to-day running of a business is called

Accepted Answer

Working capital

Question 10

Which is the odd one out?

Accepted Answer

Labour productivity

Question 11

What does SWOT stand for?

Accepted Answer

Strengths, Weaknesses, Opportunities, Threats

Question 12

Other than increasing price, what else can a company do to increase the gross profit margin

Accepted Answer

Find a cheaper supplier

Question 13

The financial statement which shows a company's profit and loss over a period of time is:

Accepted Answer

Statement of comprehensive income

Question 14

Which one of these is most likely to be a long-term liability?

Accepted Answer

Bank loan

Question 15

The ability to meet short-term debts is known as

Accepted Answer

Liquidity

Question 16

When is high labour turnover acceptable?

Accepted Answer

In a seasonal business

Question 17

Final profit after accounting for all costs is

Accepted Answer

Net profit

Question 18

The amount of money earned from sales is known as

Accepted Answer

Revenue

Question 19

Investment of £280,000. Year 1 £60,000, Year 2 £80,000, Year 3 £100,000, Year 4 £120,000,

Accepted Answer

3 years 4 months

Question 20

People who owe the business money are known as

Accepted Answer

Debtors

Question 21

The total amount of capital used by a business is called

Accepted Answer

Capital employed

Question 22

Profit after deducting the cost of sales is known as

Accepted Answer

Gross profit

Question 23

What does the letter P stand for in PESTLE? Promotion

Accepted Answer

Political

Question 24

CPA is a management tool most used in?

Accepted Answer

project management

Question 25

Which HR factor is the odd one out?

Accepted Answer

Recession

Edexcel A Level Y13 A2 Business Theme 3

Questions 25

Edexcel A Level Y13 A2 Business Theme 3

Questions 25