Business Studies Multiple Choice Question – 8 December 2017

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

Business Studies

A window cleaning company owned by Mike operating in central Birmingham wants to expand to the suburbs. It has looked at the services offered by its rivals.

Which ONE of the following is most likely to show that there is an opportunity for the business to grow?

Select ONE answer:

  1. Colin, a rival who works on his own, has a brother who lives in London.
  2. Isabella, the nearest rival, has many friends in the area and is trusted to look after house keys if they are away.
  3. Isabella has recently refused to clean schools due to poor margins.
  4. Colin is not in the UK for two months every summer.
  5. Mike charges very competitive prices.

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

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

The answer is 5 – if Mike charges competitive prices then he has an opportunity to take business away from his rivals from customers looking to get a better deal.

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Author: stuart001uk2014

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

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