BTEC Enterprise quiz 1

How many components do you study in this qualification?

• One

• Two

• Three

• Four

How many of your components are examined

• One

• Two

• Three

The component you are examined in is?

• Exploring Business

• Planning for and running an enterprise

• Promotion and Finance

What is a good?

• A commodity, or a physical, tangible item that satisfies some human want or need.

• A valuable action, deed, or effort performed to satisfy a need or to fulfil a demand.

• When someone is nice to you.

What is a service

• A valuable action, deed, or effort performed to satisfy a need or to fulfil a demand.

• A commodity, or a physical, tangible item that satisfies some human want or need.

• A business involved in the production of card

What is enterprise?

• A commodity, or a physical, tangible item that satisfies some human want or need.

• A business that carry out one or more activities, such as being involved with goods, services or both.

• A valuable action, deed, or effort performed to satisfy a need or to fulfil a demand.

How do you obtain your overall grade in this subject?

• You are awarded points for each component you complete. These are added up to give an overall score which relates to a grade.

• You are awarded points for each component you complete. These are added up to give an overall score which relates to a grade. But you must get at least a Level 2 pass on each component.

What is revenue?

• It is the amount you receive from sales

• It is the amount you have after all your costs are taken away from your sales

• It is the proportion of a market controlled by a business

The competition for Costa Coffee would not be?

• Starbucks

• A local cafe in town

• McDonalds

• Primark

A fish and chip shop would retain not retain customers by?

• Cooking their chip in gluten free oil

• Having a high hygiene rating

• Charging more than their competitors

• Having a variety of fast food to sell