Business Studies Multiple Choice Question – 1 June 2019

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

Lucy runs a business called LucyArts. She has seen her business expand over recent years and has employed more illustrators. Lucy explained her vision for the future of LucyArts at a meeting with the illustrators.

Which one of the following entrepreneurial qualities did Lucy demonstrate by explaining her vision?

Select ONE answer:

  1. Willingness to take risks
  2. Being lucky
  3. Independence
  4. Leadership

 

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 4

  1. entrepreneurial does not always mean that they are willing to take risks and is not a quality.
  2. being lucky is not an entrepreneurial quality
  3. independence is not a quality.
  4. Correct – leadership is a quality.

 

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