Business lesson 1 continued 0.0 / 5 ? BusinessWhat is a business? ASAQA Created by: Danielle BenjaminCreated on: 21-09-18 15:58 What is meant by revenue costs? The amount of money a business brings in from sales before and of the costs are considered 1 of 5 What is another word for revenue costs? Turnover 2 of 5 What is meant by the fixed cost? The costs that remain constant and are not affected by the leve of business activities 3 of 5 What is meant by variable costs? The cost that will vary with sales 4 of 5 What is meant by the total cost? It is the total of the fixed and variable costs together 5 of 5
How do businesses add value to resource inputs to meet the needs of their stakeholders? 2.5 / 5 based on 2 ratings
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