Business Studies Multiple Choice Question – 2 October 2019

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

Alex moved from Belgium with his family in 2014 to live in England. In 2016 he set up as a sole trader making unique ice creams, which he only sold to local retailers. His business soon prospered and he moved production to a small factory. Local retailers liked his ice cream as it was different. He realised that this could be the opportunity he was looking for to develop his business further.

Which ONE of the following might help Alex to increase his sales volume?

 

Select ONE answer:

  1. Employ fewer production staff
  2. Reduce net cash flow
  3. Failure of a competitor
  4. Increase the price of all of his products

 

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 3 – the other answers would not necessarily help Alex increase his sales volume

 

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