Year 9

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Year 9

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Part 1 Multiple choice questions Total


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Fill in the table your chosen answers
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Q Choose the most appropriate answer and write its letter in the box Answer Mark

1 Total Costs formula is :

a) Fixed costs x variable cost b) Fixed costs x quantity sold

c) Fixed costs + Total variable costs d) Variable costs x quantity.

2 Which one of those methods is a way a business could use to differentiate its product.

a) Selling the product in supermarkets

b) Developing a unique selling point USP in its products

c) Selling the product in a new market

d) Selling products in hypermarkets

3 Which of the following is not a factor of production?


a) Oil reserves. B) Music CDs. C) Factory buildings. D) Skilled Labour
4 Why do owners wishing to expand their businesses?

a) To keep control of the business. B)To cut down expenses


b) To encourage competition d) To attain higher profits

5 Examples of needs are: (a) Luxury clothes and houses (b) Water and food.
(c) Villas and clothes (d) Designer clothes.
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10 Is a software that helps to show 3D model shape design of the product


a) CAD b) Automation. c) CAM d) Robots
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Part 2 : Case Study example: Adventures. Total


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Q Solve the following questions after reading and analysing the above case study Mark
1 a) What is meant by an ‘entrepreneur’. [2]

2 Explain the rewards and risks faced by John as an entrepreneur? [4]


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3 a) Identify and explain three qualities of John as a successful entrepreneur. [6]

4 Briefly explain the importance to John of a preparing a business plan. [4]

5 a) Explain two ways John add value to their services. [6]

6 Technology rapidly advances. Explain how technology has affected businesses like John
in its marketing mix and in customers’ shopping experience in stores or online ?
(6 marks)
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7 From your own understanding, explain how entrepreneurs like John can benefit the
economy of a country/ benefit the society? (6)

10 Explain the importance of having enough cash in a business .(3)


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Part (3) Matching Total


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Definition
1. Helps a business gain a competitive advantage

2. Can see 3D holograms of reality vision of scenes,


products designs, or giving actual trainings to
perform
3. Computer software used to design 3 D model
designs Engineers use it in new products design
4. Products becoming out of date
5. Process of buying and selling goods online
6. Buying flight tickets/ concert tickets online
7. The process of gathering, analysing and
entrepreting data about customers, competitor’s
and the market.
8. Displaying products in attractive way in stores

9. Banking through the use of machines


10. An online platform/ website that allow people to
communicate/ interact together by posting
comments, pictures, videos and music

Match each term with its correct definition:

1 2 3 4 5 6 7 8 9 10
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Part 4 Calculation method. Total


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3. What is Philip’s profit?

GOOD LUCK ☺

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