Random Unit 3 A random quiz about Business Studies Unit 3 4.0 / 5 based on 2 ratings ? Business StudiesA2/A-levelAQA Created by: msldn93Created on: 04-12-10 12:37 What is earnings per share? total profit/number of shares 1 of 8 What is the formula for ROCE? operating profit/capital employed x 100 2 of 8 What is time based management? Management of resources to ensure that unproductive time is eliminated. 3 of 8 What is the formula for ARR? total net return/no. of years/initial cost x 100 4 of 8 One reason why businesses invest? to replace an obsolete or depreciated asset 5 of 8 What is correlation? The relationship between two variables 6 of 8 What is a profit centre? An identifiable part of a business that is responsible for revenue and costs. 7 of 8 What is a test market? The launching of a product in a geographical area in order to asses marketing methods used. 8 of 8
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