Random Unit 3
A random quiz about Business Studies Unit 3
- Created by: msldn93
- Created on: 04-12-10 12:37
Other questions in this quiz
2. What is the formula for ROCE?
- operating profit/total equity
- operating profit/non-current liabilites
- operating profit/capital employed x 100
- gross profit/capital employed
3. Gearing: the proportion of capital employed by the business that has been provided by long term loans
- True
- False
4. Return On Capital Employed: is the operating profit made by a business as a percentage of the capital employed.
- True
- False
5. What is time based management?
- Management of resources to ensure that unproductive time is eliminated.
- The process of planning the sequences of activites in order to discover the best way to complete it.
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