Business Studies Multiple Choice Question – 7 December 2017

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

Business Studies

Which ONE of the following is MOST LIKELY to be important in spotting a new business opportunity in the cycling market?

Select ONE answer:

  1. Being able to produce a product cheaply
  2. Recognising other cyclists on the street
  3. Being a keen cyclist
  4. Identifying the possible competition
  5. Having a large amount of personal savings

What are other things would you consider to be important in spotting a new business opportunity in the cycling market?
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 4 – Identifying the potential competition to your potential opportunity.

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Author: stuart001uk2014

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

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