1) Which one of the following is Halfords? a) b) c) d) e) f) 2) Identify additional services that Halfords might offer its customers. a) Free tyre check b) Changing window screen wipers c) Making you a sandwich d) Washing your car e) Look after you hamster for the weekend f) Dust your roof of your car 3) Identify two products Halfords might sell. a) b) c) d) e) f) 4) Which of the following are characteristics of a small scale business? (tick 4) a) Owned and run by same person b) Based in local area c) Based nationally d) Employ large number of people e) Employ small number of people f) Convenience stores are an example 5) A local business is likely to be an unlimited business. a) True b) False 6) Which of the following are characteristics of a national scale business? (tick 3) a) Resources available greater than local business b) Ownership is more complicated than local c) Marker size is smaller than local businesses d) Resources available are less than local business e) Marker size is greater than local businesses f) Ownership is straight forward 7) Which of the following are general business aims? (tick 3) a) Survival b) Breaking even c) Concessions d) Hybrids e) Increasing market share f) Aldi 8) Which of the following can be used to increase sales revenue? (tick 3) a) Upselling b) lower prices c) Raising prices d) Decreasing distribution channels e) Bundle products f) Don't hold special events 9) Which is the correct equation? a) Sales revenue - costs = danger b) sales revenue - costs = profit c) profit - sales revenue = costs d) costs = danger e) sales / costs = profit f) Danger = costs 10) Which of the following are environmental aims? a) Breaking even b) Reducing the carbon footprint of the business c) Survival d) Bundle products e) Switching suppliers to source organic produce f) Increasing market share
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