Business Studies Multiple Choice Question – 26 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following is MOST LIKELY to give a researcher qualitative data?

Select ONE answer:

  1. The meeting of a focus group
  2. Researching names of businesses in an area from a telephone directory
  3. Researching the products made by competitors by looking at internet sites
  4. Measuring the number of shoppers who visit a supermarket per hour during one week
  5. Analysing government statistics

What other ways part from focus groups could a researcher obtain qualitative data for a business looking to introduce a new product into the market?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – A focus group would provide opinions about the topic being researched which is a qualitative outcome. 4 would produce quantitative data, whilst the other choices are forms of secondary research.

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Business Studies Multiple Choice Question – 25 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following is MOST LIKELY to be a supplier to a small business making costumes for parties?

Select ONE answer:

  1. A clown who entertains children at parties
  2. A manufacturer of buttons
  3. A taxi that takes people to parties
  4. People who buy costumes
  5. A car manufacturer

What three other relevant suppliers (and why) might supply this business if it mainly produces costumes for parties?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 2 – A manufacturer of buttons to sew on the costumes they make for parties. 4 is their customer, whilst 1 & 2 are complimentary businesses and 5 is just another business type irrelevant to this particular small business

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Business Studies Multiple Choice Question – 24 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which of the following subjects might Jenny and Tasmin have MOST likely considered when originally setting up their marketing agency Creative+?

Select ONE answer:

  1. How the business will be financed
  2. The demand for oil in the economy
  3. The level of government spending in the economy
  4. What legal aspects might impact the recycling of printer toner cartridges
  5. Global weather patterns

What three other relevant subjects (and why) should Jenny and Tasmin consider when setting up their business?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – Whilst these are all questions businesses might consider, how a business will be financed is the most pertinent question facing a small start-up.

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Business Studies Multiple Choice Question – 23 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Jenny and Tasmin run a marketing agency, Creative+, which specialises in the design of holiday brochures and websites for holiday tour companies.

Which ONE of the following is MOST likely to be a customer of Creative+?

Select ONE answer:

  1. The public sector
  2. The general public
  3. A business supplying paper to Creative+
  4. A business selling adventure holidays in Africa
  5. A hotel that caters for business travelers in their home town

What is the benefit for Creative+ in specialising in designing holiday brochures and websites for holiday tour companies?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 4 – The business selling adventure holidays in Africa per the information given in the question is the most likely to be their customer, compared to the hotel who caters for business travelers in their home town. The business supplying paper would be classed as a supplier.

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Business Studies Multiple Choice Question – 22 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Mass marketing is likely to involve?

Select ONE answer:

  1. Job production
  2. Flow production
  3. Low fixed costs
  4. Large market size
  5. Limited distribution

Give a real life example of mass marketing:
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This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 4 – Mass marketing is a market strategy in which a firm decides to ignore market segment differences and appeal to the whole market with one offer. This supports the idea of broadcasting a message that will reach the largest number of people possible. Traditionally mass marketing has focused on radio, television and newspapers as the media used to reach this broad audience. By reaching the largest audience possible, exposure to the product is maximized, and in theory this would directly correlate with a larger number of sales or buys into the product.

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