Business profit and profitability ratios

Which two of the following are services?

Select two answers.

Which two of the following are elements of the sales process?

Select two answers.

Table 1 contains information about a new piece of machinery purchased by a business.

Using the information in Table 1, calculate the average rate of return. You are advised to show your workings.

Explain one benefit to a business of employing people on flexible hours contracts.

Explain one benefit to a business from using product trials to promote a product.

Table 2 contains information about the financial performance of Pladis in 2022.

(Source: adapted from https://find-and-update.company-information. service.gov.uk/company/09295357/filing-history)

Table 2

Using the information in Table 2, calculate to 2 decimal places, Pladis ’ gross profit margin. You are advised to show your workings.

Using the information in Table 2, calculate Pladis ’ net profit. You are advised to show your workings.

Analyse the drawback to Pladis ’ from using batch production.

Which two of the following documents would be sent to a business by a person when applying for a job?

Select two answers.

Which two of the following are stages in the sales process?

Select two answers.

Table 1 contains information about a machine that a business is considering purchasing.

Using the information in Table 1, calculate the average rate of return for the machine.

Explain one method a business could use to improve the quality of its products.

Explain one disadvantage to a business of having a flat organisational structure.

Which two of the following are documents produced by a business at the start of the recruitment process?

Select two answers.

Which two of the following are services?

Select two answers.

Table 1 contains financial information about a business.

Using the information in Table 1, calculate to 2 decimal places, the net profit margin.

Explain one disadvantage to a business of using loan capital as a source of finance.

Explain one reason why a business may decide to reduce the size of its workforce.

Table 2 contains information about the price of an annual supermarket delivery pass

(Source: adapted from https://www.lovemoney.com/guides/3444/ cheapest-supermarket-online-delivery-deals-asda-tesco-iceland-cost)

Using the information in Table 2, calculate the average price of an annual supermarket delivery pass.

Table 3 contains information about Ocado’s financial performance in 2019.

(Source: adapted from https://www.ocadogroup.com/investors/annual-report-2019)

Using the information in Table 3, calculate Ocado ’s sales revenue in 2019. You are advised to show your workings.

Analyse the benefit to Ocado of using new technology in its warehouses.

Which two of the following are stages of the product life cycle?

Select two answers.

Which two of the following are elements of the design mix?

Select two answers.

Table 1 contains information about a new piece of machinery that a business wants to purchase.

Using the information in Table 1, calculate the average rate of return.

Explain one advantage to a business of having motivated employees.

Explain one impact on a business if tariffs are placed on its exports.

Table 2 contains information about Greggs’ financial performance in 2018.

Using the information in Table 2, calculate Greggs ’ gross profit.

Using the information in Table 2, calculate to 2 decimal places, Greggs ’ net profit margin.

Analyse the impact on Greggs from improving its logistics.

Which two of the following are examples of goods?

Select two answers.

Which two of the following would allow a business to improve employee retention?

Select two answers.

Table 1 contains financial information about a business.

Using the information in Table 1, calculate the net profit of the business.

Explain one reason why aesthetics may be important in the design mix of a product.

Explain one drawback to a business of introducing a system of quality assurance.

Which two of the following are external sources of finance?

Select two answers.

Which two of the following are methods of external growth for a business?

Select two answers.

Table 1 contains financial information about the performance of a business.

Using the information in Table 1, calculate the gross profit made by the business. You are advised to show your workings.

Explain one benefit to a business of withdrawing a product when it enters the decline phase of its product life cycle.

Explain one benefit to a business from improving the aesthetic element of a product’s design mix.

Which two of the following are likely to be sent to a business by a person applying for a job?

Select two answers.

Which two of the following are likely to increase the productivity of a business?

Select two answers.

Table 1 contains information about a new piece of machinery that a business wants to purchase.

Using the information in Table 1, calculate the average rate of return. You are advised to show your workings.

Explain one benefit to a business of having a good relationship with its suppliers.

Explain one advantage to a business of improving its environmental sustainability.

Table 2 contains information about Mind Candy’ s performance in 2013.

(Source: adapted from https://beta.companieshouse.gov.uk/ company/05119483/filing-history)

Table 2

Using the information in Table 2, calculate Mind Candy ’s cost of sales. You are advised to show your workings.

Using the information in Table 2, calculate, to 2 decimal places, Mind Candy’s gross profit margin. You are advised to show your workings.

As a result of the problems it faced in 2013, Mind Candy changed its main business objective from growth to survival.

Analyse the impact on Mind Candy of changing its main business objective to survival.