The Business 2.0 Upper Intermediate Level Student\'s Book
Within this document, it shows u the answers that you should have written or included in your answers and before purchasing this try the Exam Preparation question so you can check your memorising skills which will give you any clear objective.
business level 2 BTEC unit 18 -small business planning assignment 1 , 2 ,3
All for this textbook (2)
Written for
Global School of Business
Finance Exam Answers
All documents for this subject (1)
Seller
Follow
12singht
Content preview
[Type text]
Student Name___________________
Students Number_______________
Date_______________
Mock Assessment Unit 2
Mock 7
52 Points
,[Type text]
Exercise 1
Give two examples of direct costs. (2)
Raw Materials
Example 1:
Example 2:
Labour/wages
Exercise 2
Explain what running costs are. (2)
Day to day costs
Reoccurring costs
Give examples
Costs that allow you to keep trading for example pay wages and
suppliers
, [Type text]
Exercise 3
Nora sells handbags in her shop in Ruislip.
Which of the following is a start-up cost? (1)
Tick one of the boxes
Heating
Raw materials
Income
Staff wages
Exercise 4
Nora has expanded her business and now has a shop in Hayes.
Give two examples of fixed costs (2)
Write your answers in the boxes
Example 1:
Rent
Example 2:
Insurance
Give two examples of the variable costs (2)
Example 1:
Raw Materials
Example 2:
Labour/wages
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller 12singht. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £7.00. You're not tied to anything after your purchase.