OCR Cambridge Technical in Business

Question 1

A company has painted toys with toxic paint. The company has broken the:

Accepted Answer

Consumer Protection Act

Question 2

An example of a non-financial aim would be...

Accepted Answer

to survive

Question 3

A business operating as a partnership...

Accepted Answer

must share profits between the owners

Question 4

A Marketing Dept of a PLC fails to tell the Production Dept of a advertising campaign. This is:

Accepted Answer

poor communication between business functions

Question 5

Which of the following is not an environmentally friendly business practice?

Accepted Answer

Sending waste to landfill

Question 6

Which of the changes in external environment of a business would be a technological factor?

Accepted Answer

New ways to pay for goods from a mobile phone

Question 7

One consequence to a business of not listening to local residents is...

Accepted Answer

receive complaints

Question 8

Business activity can be put into 3 sectors. Which of these is an e.g. of primary sector?

Accepted Answer

An apple orchard

Question 9

Which of the following are likely to be fixed costs for a clothing manufacturer?

Accepted Answer

Business rates and insurance

Question 10

Which of the following would be classified as an external stakeholder of a LTD?

Accepted Answer

Pressure Groups

Question 11

A hierarchical organisational structure has:

Accepted Answer

many tiers of responsibility

Question 12

An example of a financial aim would be...

Accepted Answer

to increase revenue

Question 13

Which is a non-financial factor which may affect the future success of a manufacturing company?

Accepted Answer

Workforce motivation

Question 14

Which of the functional areas of business is likely to be responsible for recruiting new staff?

Accepted Answer

Human resources

Question 15

Which stakeholder groups are most likely to be interested in a company’slevel of dividend?

Accepted Answer

Shareholders

Question 16

In a SWOT analysis. Which categories contains factors which are beyond the company’s control?

Accepted Answer

Opportunities and Threats

Question 17

Which of the following is the correct definition of the term ‘margin of safety’?

Accepted Answer

The amount by which output can fall before a loss is made

Question 18

A cash flow statement...

Accepted Answer

records the actual money flows of a business

Question 19

The role of a manager is lower in status than the role of:

Accepted Answer

a director

Question 20

Manchester City Council is a local government authority. All UK local government authorities:

Accepted Answer

operate in the public sector

Question 21

A change in the government of a country is most likely to lead to:

Accepted Answer

increased business uncertainty

Questions 21