2024 exam btec business - Study guides, Revision notes & Summaries

BTEC BUSINESS UNIT 3 FINANCE REVISION EXAM(ACTUAL EXAM) QUESTIONS AND ANSWERS LATEST 2024 – 2025 GOOD SCORE IS GUARANTEED GRADE A+

Unit 7 Business Decision Making a coffee shop report on 2 options. this would help to achieve DISTINCTION in the exam. this report is fully explained with justifications, advantages, recommendations, and a conclusion.

BTEC Business Finance Level 3 Unit 3 Exam Questions & Answers 2024/2025 what are the 6 types of personal borrowing? - ANSWERSmortgages, hire purchase, payday loans, overdraft, personal loans, credit cards personal loan - ANSWERSgives you the ability to borrow a set amount of money, normally for a specific purpose, to be repaid in regular instalments. payday loan - ANSWERSshort term source of finance used to bridge the gaps between now and next receiving a wage credit card - ANSWER...

BTEC Business Exam 1 Unit 2 Questions & Answers 2024/2025 Marketing - ANSWERSpromoting a business and what it offers/process of teaching consumers why they should choose product/service of competitors/linked to sales with the intention that a successful marketing campaign will pay dividends Anticipating demand - ANSWERSlooking at latest trends to anticipate demand on sales. Recognising demand - ANSWERSkeeping up to date with competitors and recognising demand for products/services and...

BTEC Business Review Exam Unit 3 Questions & Answers 2024/2025 Methods of payment - ANSWERSCash, Credit/debit card; Standing orders; Direct debits; Cheque Cheque - ANSWERSa written order directing a bank to pay money Give 2 advantages and 2 disadvantages of using a cheque as a method of payment - ANSWERSAdvantages - low risk form of payment as the cheque can only be cashed by the named payee - Widely accepted for face- to face or postal transactions Disadvantages - viewed as ol...

BTEC Business Unit 3 Exam Review Questions & Answers 2024/2025 Cash - ANSWERSMoney in the form of bills or coins Debit card - ANSWERSA card used to withdraw money from a bank account Credit card - ANSWERSA card authorizing the holder to buy goods and services that can be paid for later. Cheque - ANSWERSA written instruction to your bank to pay a sum of money to another person from your current account Electronic transfer - ANSWERSThe transfer of funds from one account to another...

BTEC Business Level 3 - Unit 3 - Finance Exam 2024 Questions With Verified Solutions.

BTEC Business Formulas Exam Questions & Answers 2024/2025

Business BTEC Unit 3 - Aim B Exam 2024 Questions With Verified Solutions.

BTEC Business Level 2 Exam Questions & Answers 2024/2025