Consumer Studies Gr12

A best sales scenario is a forecast of what could happen if a product sells very well

For a business to be sustainable the..

The amount added to the cost price of goods

Identify an example of a variable cost

A group of people with common interests and needs...

A measure of efficiency can be understood as..

A plan that businesses use to guide their decisions

Total amount of money that a business receives for goods or services provided

Which of the following would NOT be included in calculating the production cost

A type of promotion includes

The cost of all extra expenditure to run a business

Which one of the following is NOT one of the 5P's?

A carbon footprint is measured only using direct emissions of greenhouse gases

Which of the following is NOT part of AIDA

Which one of the following is NOT a basic approach to pricing strategy

Businesses ability to maintain a steady level of production and sales

Biodegradable means that it can be broken down by micro-organisms

Identify an example of an overhead cost

Sustainable profitability means that you would not be able to continue producing and you will run out of cash

Identify a fixed cost