Kramizo
Log inSign up free
HomeCXC CAPE Management of BusinessEstablishing a small business
CXC CAPE · · Management of Business

Establishing a small business
Practice Questions

40 CXC CAPE Management of Business questions on Establishing a small business, each with instant feedback and a full examiner-style mark scheme.

⚡ Start Quiz on Establishing a small business📖 Read Revision Notes
✨ Revision guide includes key terms, worked examples and exam technique for Establishing a small business.

Try 2 sample questions on Establishing a small business

Question 1 · 1 mark · Difficulty 1/3

What are start-up costs?

  1. The recurring costs of operating once trading has started
  2. One-off costs incurred before trading begins
  3. Costs that vary directly with output
  4. The total finance a business will need over its life
Show answer & explanation
✓ Answer: BOne-off costs incurred before trading begins
Award 1 mark. Premises deposits, equipment, initial stock and registration fees are examples. Recurring costs of operating are running costs.
Question 2 · 1 mark · Difficulty 1/3

How is contribution per unit calculated?

  1. Fixed costs divided by output
  2. Selling price less fixed cost per unit
  3. Selling price less variable cost per unit
  4. Total revenue less total cost
Show answer & explanation
✓ Answer: CSelling price less variable cost per unit
Award 1 mark. It is what each unit contributes towards covering fixed costs. Break-even output is fixed costs divided by contribution.
⚡ Start a Quiz on Establishing a small business
20 questions · 25 min · free

CXC CAPE Management of Business: Establishing a small business FAQ

Is Kramizo free for CXC CAPE students preparing for Management of Business?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Establishing a small business practice with other Management of Business topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Establishing a small business questions aligned to the official CXC CAPE Management of Business syllabus?
Every question is written against the published CXC CAPE Management of Business specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Establishing a small business typically tested on CXC CAPE Management of Business papers?
Establishing a small business appears across multiple question types on real CXC CAPE Management of Business papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

Lock in Establishing a small business before exam day.

Start practising in 30 seconds — no card required.

⚡ Start Quiz Free →