Tag: Business Studies

According to Lewin’s force field analysis……?

Select ONE answer:

1. change will occur if driving forces are stronger than restraining forces.
2. change will occur if negative forces equal positive forces.
3. a company will grow if its strengths and opportunities outweigh its weaknesses and threats.
4. a company will grow if horizontal forces and vertical forces are balanced.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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Below is data on the costs of producing a given product.

• Output (units) of 0 means Total costs (£) of 40
• Output (units) of 1 means Total costs (£) of 80
• Output (units) of 2 means Total costs (£) of 110
• Output (units) of 3 means Total costs (£) of 150

Calculate the total variable costs of producing 3 units of output.

Select ONE answer:

1. £30
2. £40
3. £100
4. £110

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

This work is licensed under a Creative Commons Attribution 4.0 International License.

Alex’s Brew is a UK coffee shop chain based in Staffordshire, with over 50 branches in the local area.

In recent years it has opened 10 tea shops in Staffordshire to appeal to its existing Staffordshire customers.

According to Ansoff’s matrix this is an example of what activity?

Select ONE answer:

1. diversification.
2. market development.
3. market penetration.
4. product development.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

This work is licensed under a Creative Commons Attribution 4.0 International License.

An approach to examine the impact of possible changes on the predicted financial outcome of an investment is known as what?

Select ONE answer:

1. investment criteria.
2. non-financial factors.
3. sensitivity analysis.
4. the discount rate.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.