Yr11 - DO NOW 26 - RCT

What stage of the product life cycle comes before Introduction

• Maturity

• Growth

• Development

• Decline

What is the Break Even point measured in?

• £s

• Units

• Profit

• $s

Which of the following is a major advantage of being in a Partnership

• Unlimited liability

• Better access to capital

• Sharing the profits

• Conflict between partners

Which one of the following is a Secondary Research method?

• Focus Group

• Questionnaire

• Last year's sales figures

• This week's sales figures

Which one of the following is a Secondary Research method?

• Focus Group

• Questionnaire

• Last year's sales figures

• This week's sales figures

Which one of the following is a short term form of finance for a business

• Mortgage

• Overdraft

• Bank Loan

• Family and friends