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Edexcel International GCSE Business | Business Activity and Influences on Business 3 Flashcards | StudBud
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Edexcel International GCSE Business | Business Activity and Influences on Business 3
Edexcel International GCSE Business | Business Activity and Influences on Business 3
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1
An organisation which is owned and controlled by the state:
Multinational corporation
Franchise
Public limited company (plc)
Public corporation
2
If a UK business imports hats from Spain priced at €20 and the exchange rate is €1 : £0.8, what is the price in pounds?
£16
£30
£25
£21.25
3
A group of countries which agree free movement of goods, services, capital, or people:
Trade bloc
Trade union
Trade body
Trade association
4
An unincorporated business organisation with two or more members owning and controlling the firm.
Sole trader
Partnership
Public limited company (plc)
Private limited company (Ltd.)
5
A business with cash flow problems is likely to fail because:
It is not able to make a profit.
It is not able to generate revenue.
It is not able to break-even.
It is not able to pay its short-term debts.
6
Which of the following is a threat to a small independent cafe in Spain, resulting from globalisation?
More competition in the market.
Improved access to raw materials.
Higher costs of exports.
Increased immigration into Spain.
7
A tax on imported goods:
Embargo
Tariff
Quota
Sales tax
8
Which of the following business organisations can advertise its shares for sale on the stock market?
Partnership
Private limited company (Ltd.)
Public limited company (plc)
Sole trader
9
A business organisation which seeks to reinvest its profits into the business or to benefit a particular cause:
Franchise
Social franchise
Social enterprise
Private enterprise
10
A fishing business which catches fish to sell to other businesses operates in the:
Primary sector
Tertiary sector
Quaternary sector
Secondary sector