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IGCSE Business Studies

Quiz by Mark Edwards

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56 questions
Show answers
  • Q1
    Skilled machinists would work in:
    Finance department
    Administration department
    Marketing department
    Production department
    30s
  • Q2
    Buying clothes from abroad is called
    Inventing
    Importing
    Exchanging
    Exporting
    30s
  • Q3
    A private limited company can raise finance by:
    Selling shares to family and friends
    Taking on a partner
    Selling shares to the public
    Taxation
    30s
  • Q4
    A business's cash flow forecast shows:
    The profit it makes
    the inflows and outflows of cash
    The value of its shares
    how much money it owes to creditors
    30s
  • Q5
    A business is most likely to advertise its high quality products in:
    shop windows
    specialist retail magazines
    local newspapers
    leaflets handed out in the street
    30s
  • Q6
    A company which makes hand made chocolates is in which industry sector?
    Primary
    Labour
    Secondary
    Enterprise
    30s
  • Q7
    Money flowing in and flowing out of a business is:
    profit and loss
    a bank loan
    cash flow
    break-even
    30s
  • Q8
    Which department in a business would send out invoices?
    Finance
    Human Resources
    Production
    Marketing
    30s
  • Q9
    The method of production used by a business which makes high quality hand made chocolates is most likely to be:
    Just in time production
    Flow production
    Job production
    Batch production
    30s
  • Q10
    People who eat chocolates that have been bought for them are:
    Sellers
    Buyers
    Consumers
    Employers
    30s
  • Q11
    Hairdressers are normally paid by the number of hours they work. This is a:
    bonus
    wage
    salary
    commission
    30s
  • Q12
    Training provided by a college is known as:
    off-the-job
    in-house
    on-the-job
    induction
    30s
  • Q13
    A business may use posters to inform clients of offers. This is a type of:
    advertising
    pricing
    revenue
    product
    30s
  • Q14
    Costs that remain the same are known as:
    loss
    variable costs
    profit
    fixed costs
    30s
  • Q15
    People who apply for a job at a business would have to complete:
    a job description
    an order form
    an application form
    a memorandum
    30s

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