Theme 2
Managing Business Activities Quiz
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Q1.
Internal sources of finance include:
Q2.
An overdraft is best used for:
Q3.
Share capital is a form of:
Q4.
Trade credit means:
Q5.
A start-up's main challenge in raising finance is usually:
Q6.
Fixed costs are costs that:
Q7.
Contribution per unit =
Q8.
Break-even output =
Q9.
Margin of safety is:
Q10.
A cash-flow forecast shows:
Q11.
Profit is:
Q12.
Gross profit margin =
Q13.
Which improves cash flow?
Q14.
Setting a specific numerical goal like '10% sales growth in 2 years' is a:
Q15.
A SWOT analysis groups factors into:
Q16.
PESTLE stands for:
Q17.
Inflation measures:
Q18.
If the pound weakens against the euro, UK exporters:
Q19.
A rise in UK interest rates typically:
Q20.
GDP is:
Q21.
A recession is commonly defined as:
Q22.
Which is a fixed asset?
Q23.
Working capital =
Q24.
A business with a current ratio of 0.5 is likely to:
Q25.
Capacity utilisation =
Q26.
Low capacity utilisation typically leads to:
Q27.
Just-in-time (JIT) stock control aims to:
Q28.
Total Quality Management (TQM) means:
Q29.
Lean production focuses on:
Q30.
Kaizen is a philosophy of:
Q31.
Economies of scale cause:
Q32.
A diseconomy of scale is often caused by:
Q33.
External growth by merger or takeover carries the risk of:
Q34.
Vertical integration means merging with:
Q35.
Horizontal integration means:
Q36.
A conglomerate merger involves firms in:
Q37.
Organic growth is:
Q38.
A network diagram (critical path) helps a business:
Q39.
Float in critical path analysis is:
Q40.
A key benefit of decision trees is:
Q41.
Expected value =
Q42.
A contingency plan is designed to:
Q43.
Corporate social responsibility means:
Q44.
A stakeholder is:
Q45.
A pressure group typically aims to:
Q46.
Which is an example of an ethical dilemma?
Q47.
Consumer protection legislation typically requires goods to be:
Q48.
Discrimination law protects employees against unfair treatment based on:
Q49.
A change in indirect tax (e.g. VAT) affects the:
Q50.