Business Studies Unit 2 Key Equations

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1. What is the correct equation for Market Share?

  • The products sales / Total market sales X100
  • Change in size / Original market share X100
  • (Revenue - Cost of goods sold) / Revenue
  • Number of days off / Total days worked X100
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Other questions in this quiz

2. What is the correct equation for Net profit margin?

  • Number of days off / Total days worked X100
  • Number of working days lost for h&s reasons / total number of possible working days X100
  • Net profit (before tax) / Sales X100
  • Output per period (units) / Number of employees at work

3. What is the correct equation for Market growth?

  • Net profit (before tax) / Sales X100
  • Output per period (units) / Number of employees at work
  • Change in size / Original market share X100
  • Number of employees leaving / Average number employed during period X100

4. What is the correct equation for Capacity utilisation?

  • Actual level of profit / Maximum possible output X100
  • Number of employees leaving / Average number employed during period X100
  • Number of days off / Total days worked X100
  • Number of working days lost for h&s reasons / total number of possible working days X100

5. What is the correct equation for Labour turnover?

  • Actual level of profit / Maximum possible output X100
  • Output per period (units) / Number of employees at work
  • Number of employees leaving / Average number employed during period X100
  • Number of days off / Total days worked X100

Comments

JOSEPH

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amazing helped jog my memory resitting the exam hadnt done any revision before

Matt Kev

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Not a very good quiz 

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