Match the term on the left with the correct definition on the right - Edexcel - GCSE Business - Question 19 - 2016 - Paper 1
Question 19
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) Qualitati... show full transcript
Worked Solution & Example Answer:Match the term on the left with the correct definition on the right - Edexcel - GCSE Business - Question 19 - 2016 - Paper 1
Step 1
(i) Commodities
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F) Raw materials such as tin, wheat and oil.
Step 2
(ii) Corporation tax
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C) Paid by limited companies on their profits.
Step 3
(iii) Qualitative data
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D) Information about opinions, judgements and attitudes.
Step 4
(iv) Branding
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A) Usually a name or image that identifies a business from its competitors.
Step 5
(v) Enterprise
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H) Involves taking risks, showing initiative and a willingness to undertake new ventures.
Step 6
(vi) Calculated risk
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