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Match the term on the left with the correct definition on the right - Edexcel - GCSE Business - Question 20 - 2016 - Paper 1

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Match the term on the left with the correct definition on the right. The first one has been done for you. Term (i) Commodities (ii) Corporation tax (iii) Qualit... show full transcript

Worked Solution & Example Answer:Match the term on the left with the correct definition on the right - Edexcel - GCSE Business - Question 20 - 2016 - Paper 1

Step 1

ii Corporation tax

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C) Paid by limited companies on their profits.

Step 2

iii Qualitative data

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D) Information about opinions, judgements and attitudes.

Step 3

iv Branding

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A) Usually a name or image that identifies a business from its competitors.

Step 4

v Enterprise

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H) Involves taking risks, showing initiative and a willingness to undertake new ventures.

Step 5

vi Calculated risk

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E) Weighing up the probability of profit or loss.

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