Business Studies Multiple Choice Question – 13 June 2018

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 an example of quantitative market research?

Select ONE answer only:

  1. Consumer opinions on the taste of a new product
  2. Figures showing the growth rate of a market
  3. Verbal feedback from retailers on the packaging of a product
  4. A magazine article describing the launch of a new brand
  5. Asking suppliers for feedback on potential new products.

Discuss how a business could improve its cash-flow

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 2 – This is an example of quantitative market research (it is using facts), the other 4 are simply opinions.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.