Business Studies Multiple Choice Question – 23 December 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 NOT an example of a customer need or expectation?  Select ONE answer:

  1. Convenience
  2. Good quality
  3. Limited choice
  4. Value for money
  5. Happiness

What is meant by a business adding value?
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 3 – Customer needs and expectations concern: price – value for money; quality – products/services that are fit for purpose; adequate choice – so that at least one product closely matches each customer’s needs; convenience – products/services that can be quickly and easily accessed.

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