Miscellaneous Quiz / GCSE Business Ed 1

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Can you name these business key terms?

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HintAnswer
sales turnover minus the cost of sales
gross profit minus the expenses
costs that vary with the level of output
costs that do not change with an increase or a decrease in the amount of goods or services produced or sold
gross profit divided by sales revenue x 100
net profit divided by sales revenue x 100
explains the duties and tasks for a specific job
describes the skills, knowledge and experience needed by an individual to complete the job
the business will only advertise the job to existing
when the business is looking for expansion or if there are no suitable internal applicants
HintAnswer
splits up a market into different types to enable a business to better target the relevant customers with its products
SMART objectives
charging different prices to different customers for the same good
television, newspaper, online are methods of ...
greeting the customer, interacting with them, identifying their needs, encouaring and responding to feedback are all features of good.....
The name/logo/image given to a good or service
A type of business with 2-20 owners
launch, growth, maturity, saturation and decline are stages of the ...
Meeting the needs of the present generation without compromising the ability of future generations to meet their needs
a person who takes on a franchise

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Created Nov 26, 2018ReportNominate
Tags:business, gcse, key, term

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