Random Unit 3

A random quiz about Business Studies Unit 3

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  • Created by: msldn93
  • Created on: 04-12-10 12:37
What is earnings per share?
total profit/number of shares
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What is the formula for ROCE?
operating profit/capital employed x 100
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What is time based management?
Management of resources to ensure that unproductive time is eliminated.
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What is the formula for ARR?
total net return/no. of years/initial cost x 100
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One reason why businesses invest?
to replace an obsolete or depreciated asset
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What is correlation?
The relationship between two variables
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What is a profit centre?
An identifiable part of a business that is responsible for revenue and costs.
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What is a test market?
The launching of a product in a geographical area in order to asses marketing methods used.
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Other cards in this set

Card 2

Front

What is the formula for ROCE?

Back

operating profit/capital employed x 100

Card 3

Front

What is time based management?

Back

Preview of the front of card 3

Card 4

Front

What is the formula for ARR?

Back

Preview of the front of card 4

Card 5

Front

One reason why businesses invest?

Back

Preview of the front of card 5
View more cards

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