Photo AI

Match the term on the left with the correct definition on the right - Edexcel - GCSE Business - Question 19 - 2016 - Paper 1

Question icon

Question 19

Match-the-term-on-the-left-with-the-correct-definition-on-the-right-Edexcel-GCSE Business-Question 19-2016-Paper 1.png

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

96%

114 rated

Answer

F) Raw materials such as tin, wheat and oil.

Step 2

(ii) Corporation tax

99%

104 rated

Answer

C) Paid by limited companies on their profits.

Step 3

(iii) Qualitative data

96%

101 rated

Answer

D) Information about opinions, judgements and attitudes.

Step 4

(iv) Branding

98%

120 rated

Answer

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

Step 5

(v) Enterprise

97%

117 rated

Answer

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

Step 6

(vi) Calculated risk

97%

121 rated

Answer

E) Weighing up the probability of profit or loss.

Join the GCSE students using SimpleStudy...

97% of Students

Report Improved Results

98% of Students

Recommend to friends

100,000+

Students Supported

1 Million+

Questions answered

;