Business Studies Multiple Choice Question – 14 May 2021

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

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Lucy decided to go into business for herself and started The Stafford Shoe Company producing her own designer Shoes.

Which ONE of the following is the most likely reason for Julie’s decision to set up her own business? 

Select ONE answer:

  1. For job security
  2. For a regular income
  3. To work fixed hours
  4. To work independently

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

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct – Definition of independence e.g. free from outside control of others/not depending on authority of others. Lucy can make her own decisions about the design and production of her shoes, rather than take instructions from managers, & she can develop the company in any direction she wants to.

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