Page 384 - Cambridge IGCSE Business Studies

IGCSE Business Studies Student CD-ROM

Section 4 – Missing letters

The answer to each question has been provided with some of the letters missing. Answer the question and fill
in the blanks. Each dash is a missing letter. The number of letters in each answer is also given at the end of the
question.

1 The process of converting inputs into outputs. (10) P u o

2 Raw materials are an example of this type of cost. (8) a b

3 Locating close to suppliers reduces these costs. (9) n o t

4 Abbreviation for computer aided manufacturing. (3) C

5 These production methods aim to reduce waste. (4) e

6 This is a type of economy of scale which involves the use of machinery. (9) T n a

7 This could be a problem when entering foreign markets. (7) u u

8 Abbreviation for a method which might be used to remove the need to hold T
inventories. (3)

9 This describes the greater use of machinery in the production process. (10) t a o

10 This happens when revenue exactly equals total costs. (5, 4) e k v

11 These controls might influence location decisions. (5) L

12 The amount earned from the sale of a firm’s products. (7) e e

13 This might be used to improve labour productivity. (8) r g

14 Fixed and average are an example of these. (5) s

15 A method of production. (5) c

16 The difference between revenue and total costs. (6) r t

17 This production method produces one item at a time. (3) b

18 Abbreviation for the use of computers in the design of products. (3) A

19 This is producing goods which are free from defects. (7) Q y

20 Fixed cost plus variable cost equals this cost. (5) o

© Cambridge University Press 2014 IGCSE Business Studies Section 4 – Missing letters 1