Marketing and Love Wood Essay

1275 Words6 Pages
Centre Number Surname Other Names Candidate Signature

Candidate Number

For Examiner’s Use

Examiner’s Initials

Question

Mark

General Certificate of Education Advanced Subsidiary Examination January 2010

1 2 TOTAL

Business Studies
Unit 1 Planning and Financing a Business 9.00 am to 10.15 am Tuesday 12 January 2010
For this paper you must have:  a calculator.

BUSS1

Time allowed  1 hour 15 minutes Instructions Use black ink or black ball-point pen.  Fill in the boxes at the top of this page.  Answer all questions.  You must answer the questions in the spaces provided. Answers written in margins or on blank pages will not be marked.  Do all rough work in this book. Cross through any work you do not want to
…show more content…
30

Padma’s father warned them to be cautious as the expected increase in popularity of individually designed wooden toys was encouraging competition to enter the market. They drew up a business plan and a cash flow forecast for their first year’s trading (Figure 3). The demand for individually designed wooden toys was expected to be very seasonal. Figure 3: Forecast cash flow for 2010 – the first year of trading of Love Wood Ltd January to March (£) Cash inflows Wages * Materials and other costs Cash outflows Net cash flow for quarter Opening balance Closing balance (1 700) 41 500 34 000 34 800 68 800 (27 300) (1 700) (11 300) April to June (£) 49 800 34 000 25 400 59 400 July to September (£) 74 700 40 000 39 000 79 000 (4 300) (11 300) (15 600) October to December (£) 166 000 44 000 48 300 92 300 73 700 (15 600) 58 100

* Including payments to Padma and Emily

Turn over 

(03)

G/K46670/Jan10/BUSS1

4 Answer all questions in the spaces provided. You are advised to spend no more than 20 minutes on Question 1.

Areas outside the box will not be scanned for marking

1

(a) What is meant by the term ‘qualitative market research’ (line 14)? .............................................................................................................................................

More about Marketing and Love Wood Essay

Open Document