Business Studies Multiple Choice Question – 27 November 2017

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

Business Studies

The size of a market is best measured by?

Select ONE answer:

  1. The number of firms
  2. The number of employees
  3. The cash-flow
  4. The volume of sales
  5. The number of surveys

Give an example of (a) a growing and (b) a declining market for consumer electronics products:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 4 – how to determine the size of a market? Define your target customer; Estimate the number of target customers; Determine your penetration rate; Calculate the potential market size: Volume and value; Apply the market-size data….

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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