Business Cards

Question 1

What sector is described as being ‘part of the economy that provides basic government services’?

Answer 1

• Public Sector

Question 2

State 3 businesses that fall within the Companion Animal Care sector:

Answer 2

• Dog groomers
• Pet shops
• Catteries

Question 3

List 3 job roles within a zoo:

Answer 3

• Zookeeper
• Veterinarian
• Horticulturist

Question 4

Define GDP:

Answer 4

• Stands for Gross Domestic Product
• Represents the monetary value of all goods & services produced within a nation’s borders over a period of time

Question 5

Financial Services is an example of which sector?

Answer 5

• Tertiary

Question 6

Farming is an example of what sector?

Answer 6

• Primary

Question 7

Manufacturing is an example of what sector?

Answer 7

• Tertiary

Question 8

Name one example of a regulatory body associated with zoos:

Answer 8

• BIAZA

Question 9

Name the 4 different types of business legal structures:

Answer 9

•Sole trader
• Partnerships
• Limited companies
• Franchise

Question 10

Describe the disadvantages of a business partnership:

Answer 10

• Each partner legally responsible for the actions of the other partners
• Unlimited liability for all involved
• Could have increase in disagreements

Question 11

What layout best describes the following - ‘Counters & fixtures placed in long rows or ‘runs’ usually at right angles throughout stores’?

Answer 11

• Grid

Question 12

What layout best describes the following - ‘Usually in the shape of a circle, square or rectangle & returns the customer to the front of the store’?

Answer 12

• Loop

Question 13

What layout best describes the following - ‘Fixtures & merchandise grouped in clusters on the sale floor’?

Answer 13

• Free flow

Question 14

What law states the following - ‘Empowers the judiciary to punish companies or individuals who make false claims about their products’?

Answer 14

• Trades Description Act 1968 (TDA 1968)

Question 15

What law states the following - ‘Right to claim compensation if a defective product causes death, damage, or injury’?

Answer 15

• Consumer Protection Act 1987 (CPA 1987)

Question 16

What law states the following - ‘The goods should be fit for the purpose they’re supplied for’?

Answer 16

• Consumer Rights Act 2015 (CRA 2015)

Question 17

Identify 3 records that a business should keep in relation to taxation.

Answer 17

• VAT
• Wage records
• Invoices

Question 18

State 2 aims of the Working Time Regulations 1998.

Answer 18

• Employees have the right to annual leave
• Imposes limits on the amount of hours an employee can legally work.

Question 19

What sector makes bread from wheat?

Answer 19

• Secondary sector

Question 20

Define ‘economy’.

Answer 20

• The system of how money is made & used within a particular country / region

Question 21

Explain how 3 associated organisations could affect a business.

Answer 21

• Suppliers can influence a business’ prices
• Competitors may indirectly dictate price or opening hours of a business
• Customers will dictate supply & demand alongside price.