AS unit 1 Business Studies Questionnaire

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  • Created by: jacob
  • Created on: 23-12-13 18:45

1. What is a definition of leadership

  • being able to manage employees effectively
  • the process of influencing others to work willing towards an organisation's goals
  • being able to manage a team successfully to complete a task
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2. Which one of these is an example of a variable cost

  • employees salary
  • Raw materials
  • Rent

3. Which one of these is an example of a fixed ost

  • Rent
  • electricity
  • Raw materials

4. What is the formula for revenue

  • profit- sales
  • price x quantity sold
  • cost of sales x price
  • profit x fixed cost

5. A cost that does change with output

  • Fixed Cost
  • Variable Costs
  • Total Costs
  • Overheads

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