Business Studies Multiple Choice Question – 13 January 2020

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

Lucy started her business four years ago as a sole trader supplying and fitting new bathrooms.  She now wants her business to become a private limited company.  As part of this process, she needs to produce a business plan.

Which ONE of the following would Lucy include in her new business plan?

 

Select ONE answer:

  1. Copy of the design she intends to use on the letter heading
  2. A summary of the market research she has carried out
  3. All the receipts and invoices she has incurred in the last 4 years
  4. The names and addresses of her employees

 

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 2

 

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