Influences on business quiz - WJEC GCSE Business quiz

Demand always rises sharply

Demand is completely unaffected

Demand often falls, because borrowers have less to spend and saving pays more

Demand only changes for exporters

The number of people without jobs

The rate at which prices rise over time

The value of the pound against the euro

The total profit of a business

Raise all its prices sharply

Expand rapidly and hire many staff

Ignore the change completely

Cut costs, lower prices or offer value ranges

An import is sold abroad; an export is bought from abroad

They mean the same thing

An import is bought from abroad; an export is sold abroad

Both refer only to services

A business that operates in more than one country

A business owned by the government

A business that only trades online

A business with a single owner

Less choice of suppliers

A larger market to sell to through exports

A guarantee of no competition

Lower quality standards

The total costs of a business

The laws a business must obey

The moral principles that guide how a business behaves

The marketing budget of a business

Making the most profit possible this year

Meeting today's needs without harming future generations' ability to meet theirs

Selling only to local customers

Avoiding all use of technology

Paying the minimum wage

Providing safe equipment

Allowing trade unions

Selling goods that are of satisfactory quality and as described

The right to a fair wage and protection from discrimination

The right to free products

The right to set product prices

The right to avoid paying tax

It removes all of the firm's costs

It guarantees higher sales

It costs money for safe equipment and training but reduces accidents and avoids fines

It has no effect at all

Selling goods over the internet

Using machines and computers to do tasks people once did

Paying workers by the hour

Importing goods from abroad

It is always cheap to install

It never needs any training

It can never break down

Higher productivity and quality, and a wider market

It is expensive to buy and can replace some jobs

It always lowers quality

It makes communication slower

It guarantees the business will fail

It makes its exports cheaper for overseas buyers, which can raise export sales

It makes its exports more expensive abroad

It has no effect on exports

It stops the business from exporting at all