Bussiness administration Study guides, Class notes & Summaries

FiCEP Exam 1-50 Questions and Answers Solved 100% Correct 2023/2024 VERIFIED

2 OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 Enterprise is: (a) a capital resource (b) a factor of production (c) a measure of profitability (d) a reward for taking risks [1] 2 What is an example of ‘below the line’ promotion? (a) A marketing campaign on television (b) A poster on a billboard (c) An advertisement in a local newspaper (d) An exhibition at a trade fair [1] 3 A merger between two soap manufacturers has led to ...

2 OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 Enterprise is: (a) a capital resource (b) a factor of production (c) a measure of profitability (d) a reward for taking risks [1] 2 What is an example of ‘below the line’ promotion? (a) A marketing campaign on television (b) A poster on a billboard (c) An advertisement in a local newspaper (d) An exhibition at a trade fair [1] 3 A merger between two soap manufacturers has led to ...

2 © OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 A co-operative is owned by its: (a) competitors (b) external stakeholders (c) members (d) shareholders [1] 2 A company frequently changes the way its assets are valued in its published accounts. Which accounting convention has the company ignored? (a) Accruals (b) Consistency (c) Going concern (d) Prudence [1] 3 Canta Ltd makes drum kits. The company has fixed costs of £18000 pe...

2 OCR 2023 Section A Put a tick () in the box next to the one correct answer for each question. 1 Enterprise is: (a) a capital resource (b) a factor of production (c) a measure of profitability (d) a reward for taking risks [1] 2 What is an example of ‘below the line’ promotion? (a) A marketing campaign on television (b) A poster on a billboard (c) An advertisement in a local newspaper (d) An exhibition at a trade fair [1] 3 A merger between two soap manufacturers has led to ...

ADVICE • Read each question carefully before you start your answer. You must have: • the Resource Booklet You can use: • a calculator 2 OCR 2023 Use the Resource Booklet to answer the questions. 1 Analyse one ethical issue affecting Amazon. .......................................................................................................................................................... ..........................................................................................

1 Define the term ‘primary sector’. .......................................................................................................................................................... .......................................................................................................................................................... ......................................................................................................................................................

Extract A – About McLaren Group 5 10 Source: Adapted from Extract B – McLaren Automotive’s medium-term aims 15 20 Source: Adapted from Extract C – McLaren’s road cars Vehicle sales Number of employees involved in production Sources: Vehicle sales taken from (accessed on 13/10/20) Employee numbers taken from McLaren Automotive’s medium-term aims up to 2025 are known as ‘Track25’. These include: • Launching 18 new road car models by 2025 • Developing sports...

Its a document to introduce you to bussiness administration.

Marketing refers to advertising and selling a product. - >>False. 2. Regardless of market conditions, over 80 percent of all new products fail in the marketplace. - >>True. 3. The production era continued until the mid 1920s, when consumer demand could not keep up with the growth in production and new strategies were needed to maximize success. - >>True. 4. The marketing concept is a strategy that utilizes all aspects of marketing in order to persuade consumers to buy n...