AQA GCSE Business Paper 1 Advanced Information

Question 1

Which of the following is the main reason a business would set business objectives?

Accepted Answer

To provide direction to the business

Question 2

An advantage to a business of using flow production is that:

Accepted Answer

Productivity levels will be high

Question 3

A drawback to a business of providing off the job training to its staff is:

Accepted Answer

Staff become better qualified potentially lowering staff retention

Question 4

Which of the following is the formula for average unit costs?

Accepted Answer

Total costs divided by total output

Question 5

A private limited company may change into a public limited company because it wants:

Accepted Answer

Raise additional finance

Question 6

Which of the following is a disadvantage to a business of growing through franchising?

Accepted Answer

Some control is lost

Question 7

Which of the following best describes the term decentralisation?

Accepted Answer

Junior managers are given the authority to make important decisions

Question 8

Which of the following principles is TQM built around?

Accepted Answer

All workers should aim to satisfy their internal and external customers

Question 9

A consequence of a business undertaking a delayering exercise is:

Accepted Answer

Staff morale will fall as job roles expand

Question 10

The management style that is most suited to lean production is:

Accepted Answer

Democratic

Question 11

Which of the following is a disadvantage of setting up a business as a partnership?

Accepted Answer

Shared losses

Question 12

An electrical retailer offers a 3 year warranty. This is an example of which stage in the sales process?

Accepted Answer

Post (or after) sales service

Question 13

Which of the following is true according to the Trade Descriptions Act?

Accepted Answer

A business must supply goods for sale as correctly described

Question 14

Which of the following is a drawback to a firm of training its staff?

Accepted Answer

Increased labour costs

Question 15

Which of the following is a disadvantage of being a private limited company?

Accepted Answer

A summary of the businesses accounts can be viewed by the public

Question 16

Which of the following is a drawback to a business of an employee receiving on the job training?

Accepted Answer

The people delivering the training could pass on bad habits

Question 17

A drawback of changing to a system of TQM is that:

Accepted Answer

Introduction and staff understanding can take time

Question 18

Which of the following is a disadvantage of growth through e-commerce?

Accepted Answer

Customers may just buy online and stop using physical stores

Question 19

Which of the following legislation prevents businesses from treating customers unfairly?

Accepted Answer

Consumer Law

Question 20

When one business acquires a controlling interest in another business it is classed as:

Accepted Answer

Takeover

Question 21

Which of the following is a reason why a business may decide to delayer its organisational structure?

Accepted Answer

It wants to reduce total staff costs

Question 22

Which of the following is a benefit to an employee of a business providing excellent customer service?

Accepted Answer

Positive working environment

Question 23

What are the owners of private and public limited companies called?

Accepted Answer

Shareholders

Question 24

Amazon prides itself on which area of customer service?

Accepted Answer

Speed of delivery

Question 25

Which of the following is an example of a technical economy of scale?

Accepted Answer

Large specialised machinery produces large quantities efficiently

Question 26

An advantage to a business of using TQM is:

Accepted Answer

Quality standards are consistent in a business

Question 27

A benefit to a business of effective recruitment and selection is a highly productive workforce. This means:

Accepted Answer

Lower unit costs can be achieved

Question 28

Which of the following is a benefit of having a tall organisational structure?

Accepted Answer

Job roles and responsibilities are clearly defined

Question 29

Which of the following employees does total quality management (TQM) involve?

Accepted Answer

Everyone

Question 30

Which of the following products is likely to be made using flow production?

Accepted Answer

A branded fizzy drink

Question 31

Which of the following is a method of external growth?

Accepted Answer

Merger

Question 32

Which of the following is the main advantage to a business of having a formal, internal organisational structure?

Accepted Answer

Employees have clearly defined job roles and duties

Question 33

When a business fills a job vacancy with a member of its current workforce it is called:

Accepted Answer

Internal recruitment

Question 34

Technical economies of scales is an advantage of which production method?

Accepted Answer

Flow Production

Question 35

An employee that is directly below another employee in the organisational structure is classed as a:

Accepted Answer

Subordinate

Question 36

Which of the following best describes a business objective?

Accepted Answer

It sets out specifically how a business aim can be met in a certain time

Question 37

Which of the following is an advantage of operating a large established business as a public limited company?

Accepted Answer

Shares can be sold to the public to raise additional finance

Question 38

Which of the following is a drawback to a firm of using internal recruitment to fill a job vacancy?

Accepted Answer

Limited new ideas are introduced into the business

Question 39

Which of the following is most likely to be true if a business obeys consumer law?

Accepted Answer

Bad plublicity will be avoided

Question 40

Which of the following is another common name for flow production?

Accepted Answer

Mass Production

Question 41

Just in time means that:

Accepted Answer

A business holds minimal stock

Question 42

Which of the following best describes the term chain of command?

Accepted Answer

Lines of authority along which communication flows

Question 43

Which type of legal structure is when two or more people start a business and have unlimited liability?

Accepted Answer

Partnership

Question 44

Employees demonstrating excellent product knowledge to potential customers is one of the first stages in:

Accepted Answer

Procurement

Question 45

Which of the following is a benefit to a business of an employee receiving off the job training?

Accepted Answer

New ideas can be brought into the business

Question 46

Which of the following is an advantage of centralisation?

Accepted Answer

Decision making is consistant across the organisation

Question 47

Businesses can treat consumers fairly by selling products that are:

Accepted Answer

As described

Question 48

Which of the following terms describes websites and other applications that allow you to share content and information?

Accepted Answer

Social Media

Question 49

A business that uses flow production is always classed as:

Accepted Answer

Capital intensive

Question 50

When a furniture manufacturer uses another business to produce sofas on its behalf it is known as:

Accepted Answer

Outsourcing

AQA GCSE Business Paper 1 Advanced Information

Questions 50

AQA GCSE Business Paper 1 Advanced Information

Questions 50