Month: June 2020

Which ONE of the following is a REASON why a business might want to grow?

Select ONE answer:

1. To take over another business.
2. To increase market share.
3. To successfully manage the impact of an increase in interest rates.
4. To successfully project manage a new product launch.

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

 

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

Which ONE of the following is a REASON why a business might want to grow?

Select ONE answer:

1. To increase profits.
2. To take over another business.
3. To successfully manage the impact of an increase in interest rates.
4. To successfully project manage a new product launch.

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

 

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

Which ONE of the following is a method of internal growth for a business?

Select ONE answer:

1. one business takes over another
2. there is an increase in interest rates
3. a business merges with another business
4. a successful new product is developed

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 4

 

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

Which ONE of the following is a possible cost of unemployment to an individual?

Select ONE answer:

1. Reduction in gross domestic product.
2. Fall in standard of living.
3. Loss of market share.
4. Loss of economies of scale.

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

 

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

Which ONE of the following is a possible cost of unemployment to an individual?

Select ONE answer:

1. Possible health problems.
2. Reduction in gross domestic product.
3. Loss of market share.
4. Loss of economies of scale.

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

 

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