PAPER 2026 QUESTIONS WITH ANSWERS
GRADED A+
◍ total costs formula.
Answer: fixed costs + variable costs
◍ mark up.
Answer: Gross profit / cost of sales x 100
◍ statment.
Answer: short sentence of your business goals
◍ Anticipating Demand.
Answer: anticipating the demand for something that may be created by the
marketing campaign
◍ Consumer Protection.
Answer: Laws and regulations safeguarding consumers' interests.
◍ Financial institutions.
Answer: Organizations providing financial services like banks and
investment firms.
◍ Total Qualification Time (TQT).
Answer: Total hours estimated for learners to complete and show
achievement for a qualification
◍ Relationship Marketing.
Answer: A unit centered around building and maintaining customer
relationships
◍ BTEC students.
Answer: Learners pursuing vocational qualifications accepted by UK