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Domino Activity

Domino Activity

Question	Answer
This group own shares in a company and receive a share of profits in the form of dividends.	Tertiary Sector

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Any group with an interest in the success of a business. Examples include workers, owners and suppliers.	Shareholders

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Unemployment caused by a lack of demand in the economy (due to the 'business cycle'	Stakeholder

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This document details the tasks and duties involved in a job	Cyclical unemployment

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The point where demand equals supply	Job Description

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Unemployment caused by the decline of a major industry, often in a specific geographical area	Equilibrium

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This document details the skills, attributes and qualities needed by a worker to complete a specific job	Structural unemployment

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An increase in advertising will cause the demand curve to shift in which direction?	Person Specification

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This is measured by Output divided by Number of workers	Right

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These costs change directly with the level of output. Examples include raw materials and power	Productivity

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When a product becomes less fashionable the demand curve will shift in which direction?	Variable Costs

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These costs stay the same regardless of the level of output. Examples include rent and advertising.	Left

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Total Revenue is found by which formula?	Fixed Costs

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Total Costs are found by which formula?	Price x Quantity Sold

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This shows profit as a percentage of sales	Fixed Costs + Variable Costs

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One measure of unemployment used by the government. This involves surveying households about work/unemployment	Profit Margin

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This sector of the economy includes all organisations controlled by the government or local councils.	Labour Force Survey

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Which of the following is not an example of 'capital'? - The firm's van - A worker's drill - The receptionist - The factory	Public Sector

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This measure shows profit as a percentage of the total capital employed by a business.	The receptionist

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This industrial sector includes all 'services', such as banking, hairdressing and cleaning.	Return on Capital Employed (ROCE)

Submitted by aashwin on Mon, 17/07/2006 - 12:00