unit 3 building a business

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1. how can you improve cash flow?

  • you have to make the outflow decrease by minimising wages/bills etc.
  • you increase the outflow
  • you pay the staff better wages
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Other questions in this quiz

2. whats quality control?

  • this is making sure the product is of a high standard. and checking the productivity of the product at the end
  • step by step management in checking the quality

3. what is outflows in a business?

  • this is money going out a business such as wages and bills
  • money spent on the building of the business

4. variable costs

  • these are costs that do change with output
  • these are costs that stay the same
  • the cost of material

5. whats the order of the product life cycle?

  • 1. introduction 2. growth 3. maturity 4. decline
  • 1.growth 2. introduction 3.decline 4. maturity
  • 1. introduction 2.maturity 3. growth 4. decline

Comments

davidsalter

A handy resource to check progress and make a change during a period of revision. Some of the questions are quite tricky and it will highlight areas that still need to be revised.

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