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EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf, Exams of Nursing

Indiana University Purdue University (IUPUI)Nursing

EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf EDEXCEL EXAMS WITH VERIFIED QUESTIONS AND ANSWERS.pdf

Typology: Exams

2024/2025

Available from 07/03/2025

lectwiseman
lectwiseman 🇺🇸

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EDEXCEL EXAMS WITH VERIFIED
QUESTIONS AND ANSWERS
above-the-line promotion
- ANSWERS-promotion that involves the use of media (newspapers, TV, cinema, radio,
internet and social media)
added value
- ANSWERS-the extra features that may be offered when selling a product which helps
to exceed customer satisfaction
administrative barriers
- ANSWERS-rules and regulations that make it difficult for importers to penetrate an
overseas market
agent/broker
- ANSWERS-an intermediary that brings together buyer and seller (travel and estate)
aim
- ANSWERS-what a business tries to achieve in the long term
articles of association
- ANSWERS-a document that provides information on the internal running of the
business
ASEAN
- ANSWERS-association of southern east Asia nations - 10 countries including
Singapore and Vietnam
assesment of a country as a production location
- ANSWERS-ease of doing business, infrastructure, political stability, skills and
availability of a labour force, natural resources, likely return on investment and location
in trading bloc
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EDEXCEL EXAMS WITH VERIFIED

QUESTIONS AND ANSWERS

above-the-line promotion

  • ANSWERS-promotion that involves the use of media (newspapers, TV, cinema, radio, internet and social media) added value
  • ANSWERS-the extra features that may be offered when selling a product which helps to exceed customer satisfaction administrative barriers
  • ANSWERS-rules and regulations that make it difficult for importers to penetrate an overseas market agent/broker
  • ANSWERS-an intermediary that brings together buyer and seller (travel and estate) aim
  • ANSWERS-what a business tries to achieve in the long term articles of association
  • ANSWERS-a document that provides information on the internal running of the business ASEAN
  • ANSWERS-association of southern east Asia nations - 10 countries including Singapore and Vietnam assesment of a country as a production location
  • ANSWERS-ease of doing business, infrastructure, political stability, skills and availability of a labour force, natural resources, likely return on investment and location in trading bloc

assessment of a country as a market

  • ANSWERS-ease of doing business, infrastructure, disposable income, political stability and exchange rate autocratic leadership
  • ANSWERS-leader makes all decision (army - needs to follow orders) B2B
  • ANSWERS-business to business (wholesaling) - COSCO wholesale B2C
  • ANSWERS-business to consumer (retailer) - TESCO barriers to entry
  • ANSWERS-factors that make it difficult for new entrants from entering the market below-the-line promotion
  • ANSWERS-promotion that doesn't involve the use of the media bonus
  • ANSWERS-a payment in addition to wage Boston matrix
  • ANSWERS-2x2 model that analyses a product portfolio of a business according to its market growth and market share (cash cow, star, question mark and dog) brand name
  • ANSWERS-a name, sign, symbol or other feature that allows consumers to identify the goods of a business and differentiate it from rivals brands
  • ANSWERS-manufactorer brands (Heinz Beans), own-label (Tesco value beans) and generic (carrots) breaking-bulk
  • ANSWERS-buying products in large quantities and selling them in smaller chunks BRIC
  • ANSWERS-Brazil, Russia ,India and China centralisation
  • ANSWERS-decision-making takes place in the core of the workplace (top-down)

competitive pricing

  • ANSWERS-setting a price accordingly to rivals complementary goods
  • ANSWERS-goods that are purchased together because they are consumed together (milk and cereal) consumer panel
  • ANSWERS-group of consumers are asked for feedback of a product after a period of time cost-plus pricing
  • ANSWERS-adding a mark-up to the cost of making the product to get the price cultural audit
  • ANSWERS-study or examination of a country's culture to determine whether they support or hinder the business's mission statement and vision cultural/social factors
  • ANSWERS-unintended meanings, language, inappropriate/inaccurate translations, differing tastes and inappropriate/inaccurate promotion customs union
  • ANSWERS-a market where trade barriers are reduced and all member countries adapt the same rules/barriers against non-member counties CV (curriculum vitale)
  • ANSWERS-a document that lists personal details, qualifications, education, experience and other specific details required by jobseeker database
  • ANSWERS-a system that stores data electronically - has features such as find and sorting. de-centralisation
  • ANSWERS-decision-making is pushed down the chain of command away from the core (subordinates - bottom-up) deed of partnership
  • ANSWERS-a binding legal document that declares the right of partners

delayering

  • ANSWERS-removing layers of the workplace (usually involves senior management) delegation
  • ANSWERS-passing authority further down the hierarchy demand
  • ANSWERS-amount of a product consumers are willing and able to buy at any given price democratic leadership
  • ANSWERS-leadership that involves others but leader makes final decision (consultative or persuasive design mix
  • ANSWERS-range of features that are important when designing a product (aesthetics, functionality and cost) differentiation
  • ANSWERS-setting the product apart from its rivals - through USP or a established brand direct action
  • ANSWERS-the use of demonstrations, protests and strikes to achieve a political or social group direct mailing
  • ANSWERS-sending out letters and leaflets by post informing customers about specific products direct selling
  • ANSWERS-manufacturer sells its products directly to seller (without the use of intermediaries) disposable income
  • ANSWERS-amount of money a person has left over after paying taxation and other necessities distribution channel
  • ANSWERS-the route a product takes to get from the manufacturer to the consumer division of labour
  • ANSWERS-different workers specialising in a different area of production

ethical sourcing

  • ANSWERS-using materials and components from suppliers that respect the environment, workers and trade with integrity. ethics
  • ANSWERS-moral right or wrong which guides behaviour ethnocentric (domestic)
  • ANSWERS-a business makes little or no attempt to change the product when introducing it in a global market (APPLE) ethnocentrism
  • ANSWERS-tendency of people to view their own culture, ethics and norms as superior EU
  • ANSWERS-European Union (28 - 27 if UK pulls out) excess demand
  • ANSWERS-point at which supply is unable to meet demand (shortage of goods) excess supply
  • ANSWERS-point at which supply is greater than demand (unsold supply) exchange rate
  • ANSWERS-price of one currency to another exports
  • ANSWERS-goods a business produces in the home country but sells abroad extension strategy
  • ANSWERS-strategy used to prolong the life of a product (used when the product has hit saturation - product ajustment and promotion) Factors affecting demand
  • ANSWERS-price of substitutes, complementary goods, advertising and branding, fashion and tastes, seasonality, demographics and external shocks (government, competition and economic climate) factors affecting PED
  • ANSWERS-time, competition and branding

factors affecting supply

  • ANSWERS-cost of production, introduction of new technology, indirect taxes, government subsidy and external shocks (weather and government) factors affecting YED
  • ANSWERS-necessity or luxury flat structure
  • ANSWERS-short chain or command but wide span of control (fewer chances for promotion and more independence) flexible workforce
  • ANSWERS-where workers can respond to a change in demand focus groups
  • ANSWERS-consumers are invited for a discussion about a product that is going to be launched in the market foreign direct investment (FDI)
  • ANSWERS-investing by setting up operations or buying assets in another country franchise
  • ANSWERS-a business model that allows others to operate under its name franchising
  • ANSWERS-where a business allows another to operate under its name free trade area
  • ANSWERS-remove trade barriers among member states but keep different barriers with other countries geocentric (think global act local)
  • ANSWERS-keeps the brand name but changes products (McDonalds) global marketing strategy
  • ANSWERS-process of adjusting a company in order to meet a certain country's requirements (language or promotion) global niche market
  • ANSWERS-customers that have specific needs in more than one country which is not met by global mass markets

inferior goods

  • ANSWERS-income rising = demand falls (Tesco value crisps) infrastructure
  • ANSWERS-basic system, facilities and services required for a country's economy (schools, hospitals, transportation links) institutional framework
  • ANSWERS-formal laws, procedures and regulations that shape behaviour and activity intellectual property
  • ANSWERS-intangible property that is a result of creativity (copyright) intermediary
  • ANSWERS-brings together producer and buyer (wholesaler, agents/brokers, retailers) intrapreneur
  • ANSWERS-employees who find and develop initiatives using entrepreneurial skills for their employer without risking their own money job description
  • ANSWERS-a document that gives details about the duties and responsibility of the job role job enlargement
  • ANSWERS-horizontally extending - more work to do job enrichment
  • ANSWERS-vertically extending - more responsibility job rotation
  • ANSWERS-allowing workers to try new tasks and roles (reducing repetition) labour productivity
  • ANSWERS-amount of goods produces by one hour of labour laissez-faire
  • ANSWERS-employees are encouraged to make all decisions with certain limits leadership
  • ANSWERS-way in which one person influences the actions and behaviour of others

licensing

  • ANSWERS-produce another businesses products and use its intellectual property in exchange of a fee lifestyle business
  • ANSWERS-makes enough money to satisfy needs of owner and has flexibility (profit satisficing) limited liability
  • ANSWERS-when owner(s) have a separate legal identity to the business limited partnership
  • ANSWERS-contribute capital and enjoy dividends but aren't involves in the running of the business literacy rate
  • ANSWERS-the percentage of adults (over the age of 15) that can read and write low-context culture
  • ANSWERS-emphasis on direct language management
  • ANSWERS-art of getting things done through people market
  • ANSWERS-a arrangement where the buyer and seller can trade and communicate market orientation
  • ANSWERS-a business that places the needs of the customers at the centre of decision making market positioning
  • ANSWERS-the view a customer has of a product compared to other rivals (in terms of quality, value and image) market research
  • ANSWERS-collection, presentation and analysis of data relating to the marketing and consumption of goods and services market segmentation
  • ANSWERS-a group that has similar characteristics in a whole market (behavioural, psychographic, demographic and geographic)

MNC/transnational

  • ANSWERS-companies that own production or service facilities in another country other than their home country multi-skilling
  • ANSWERS-process of improving the skills of the workplace NAFTA
  • ANSWERS-North America free trade agreement (Canada, USA and Mexico) niche market
  • ANSWERS-a market that targets a small segment - customers have specific needs that aren't catered by the mass market normal good
  • ANSWERS-income rising = demand rises (kettle chips for example) objectives
  • ANSWERS-the goals that help the business to achieve its long term purpose off-the-job training
  • ANSWERS-training provided externally (can be a short course) offshoring
  • ANSWERS-shifting jobs to another country (BT: call centres to India) on-the-job training
  • ANSWERS-training taken at the workplace online retailing/ e-tailing
  • ANSWERS-buying goods online opportunity cost
  • ANSWERS-when choosing between two options, opportunity cost is the benefit lost from choosing the next best alternative outsourcing
  • ANSWERS-shifting jobs to other organisations partnership
  • ANSWERS-a business that has more than one owner (usually up to 20 owners)

paternalistic

  • ANSWERS-leader makes all the decision with interests of workers in mind penetration pricing
  • ANSWERS-setting a low price to get established in the market performance-related pay
  • ANSWERS-additional payment on top of wage based on performance targets being met person specification
  • ANSWERS-a person profile that enlists the type of person (character) wanted for the job piece rates
  • ANSWERS-a payment based on per unit produced polycentric (international approach)
  • ANSWERS-the business changes its product and brand name to meet the demand of its customers (WALMART - ASDA) PPP
  • ANSWERS-price of buying the same amount of goods in other countries predatory pricing
  • ANSWERS-setting a low pricing to force rivals out of the market preferential trade area
  • ANSWERS-low tariffs on certain products pressure group
  • ANSWERS-voluntary organisations that aim to change political or commercial decision making price elasticity of demand
  • ANSWERS-measures the responsiveness to a change in quantity demanded to a change in price price skimming
  • ANSWERS-setting a high price initially and then lowering it later price/income elastic
  • ANSWERS-change in price/income results in a greater change in demand

psychological pricing

  • ANSWERS-setting a price slightly below a round figure (£9.99) public limited company
  • ANSWERS-a company that is owned by shareholders and the business' shares can be bought in the stock market public relations
  • ANSWERS-communicating with stakeholders to improve image: press release and press conference pull factors
  • ANSWERS-economies of scale and risk spreading push factors
  • ANSWERS-competition and saturated market qualitative research
  • ANSWERS-research based on opinions, beliefs and intentions. quantitative research
  • ANSWERS-data can be measured (financial element to it) quota
  • ANSWERS-a physical limit on the number of imports recycling
  • ANSWERS-making use of resources that have been discarded as waste regional trade agreement
  • ANSWERS-trade agreement between a specific geographic location which involves reducing trade barriers to encourage trade reposition
  • ANSWERS-the process by which a business attempts to change the position consumers have of their product reshoring
  • ANSWERS-bringing production back home after using it abroad resource depletion
  • ANSWERS-using up of natural resources

responsibility

  • ANSWERS-the duty to carry out a task retailer
  • ANSWERS-a business that buys products from producer or wholesaler and sells them in smaller chunks to consumers reverse engineering
  • ANSWERS-a method of analysing a product's design by taking it apart rules of origin
  • ANSWERS-products made must be certified in the country made (regional trade agreement) sales maximisation
  • ANSWERS-an attempt to either sell as much as possible (in terms of volume) or generate as much revenue as possible (value) sales promotion
  • ANSWERS-methods used to boost sales: BOGOF offers, coupons, loyalty cards and competitions saturation
  • ANSWERS-limited opportunity for the product to grow secondary sector
  • ANSWERS-manufactoring - factory secondary/desk research
  • ANSWERS-data that already exists for a different purpose (can be internal - stock movements/sales figures and external - international publications/rival websites) skill shortages
  • ANSWERS-where potential employees don't have the skills that employer is looking for sleeping partner
  • ANSWERS-a partner that contributes capital and gets dividends but has no say in the decision making or control social enterprise
  • ANSWERS-a business that trades to improve social and environmental wellbeing

Taylor's scientific management theory

  • ANSWERS-workers should be given repetitive work and piece rate (financial incentives) tertiary sector
  • ANSWERS-service - hairdressing, banking total revenue
  • ANSWERS-money generated from sales of good (price x quantity) trade barriers
  • ANSWERS-measures used to restrict trade trade-off
  • ANSWERS-a business facing a compromise between two choices transfer pricing
  • ANSWERS-used to avoid high tax rates through the prices which one subsidiary charges another for components and finished goods unlimited liability
  • ANSWERS-both the owner and the business have the same entity - liable for all debts USP
  • ANSWERS-the aspect or feature of a product that clearly distinguishes it from its rivals viral marketing
  • ANSWERS-encouraging the passing on a message electronically waste minimisation
  • ANSWERS-reducing the amount of resources that are discarded in the production process wholesaler
  • ANSWERS-a business that buys goods from manufacturer and sells them in small quantities to retailer world trade organisation
  • ANSWERS-a international organisation that encourages free trade by promoting reduces tariffs and other trade barriers

zero-hour contract

  • ANSWERS-contract that doesn't guarantee the hours of work