Cambridge IAL Business Practice Questions - Cambridge International A-Level Business (9609) Exam - Cambridge IAL Business Practice Questions - Cambridge International A-Level Business (9609) Exam

Question 1

What is meant by 'adding value' in business?

Increasing the selling price above the cost of inputs through processing or branding Adding more inventory to the warehouse Paying suppliers a higher price for raw materials Charging customers VAT on the selling price

Correct Answer:

Increasing the selling price above the cost of inputs through processing or branding

Question 2

Which type of business organisation has unlimited liability for the owner's personal assets?

Sole trader Private limited company (Ltd) Public limited company (PLC) Cooperative society

Correct Answer:

Sole trader

Question 3

A franchisor benefits from a franchise agreement primarily because it can:

Expand rapidly using franchisees' capital while collecting fees and royalties Avoid paying any corporation tax Eliminate competition in the market Reduce the quality controls on its brand

Correct Answer:

Expand rapidly using franchisees' capital while collecting fees and royalties

Question 4

Which is a recognised benefit to a host country from a multinational company (MNC) opening operations there?

Employment creation and transfer of technology Guaranteed reduction in the host country's balance-of-payments deficit Elimination of all domestic competition Automatic increase in the host country's exchange rate

Correct Answer:

Employment creation and transfer of technology

Question 5

Privatisation refers to the transfer of:

Ownership of an enterprise from the public sector to the private sector Ownership from private investors to the government Profits from shareholders to employees A firm from one country to another

Correct Answer:

Ownership of an enterprise from the public sector to the private sector

Question 1

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Prepare with the Cambridge IAL Business Practice Questions - Cambridge International A-Level Business (9609) Exam practice quiz. This question bank includes 100 questions covering product, described, market, firm, and business. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Cambridge IAL Business Practice Questions - Cambridge International A-Level Business (9609) Exam

This practice set contains 100 questions from the matching question bank and focuses on product, described, market, firm, and business. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Cambridge IAL Business Practice Questions - Cambridge International A-Level Business (9609) Exam

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