Business Studies Multiple Choice Question – 30 June 2022

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

Business Studies
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The number of people aged under 30 in Ruritania is increasing each year.

Mumthings plc, a retailer of products for babies and children, is opening new stores in Ruritania.

Which one of the following factors is most likely to have influenced this decision by Mumthings plc?

Select ONE answer

  1. E-commerce
  2. Demographic
  3. Ethical
  4. Environmental

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 2

  1. Not correct – e-commerce would not require Mumthings to open new stores in Ruritania.
  2. Correct – Demographics refers to changes in and the structure of the population. The under 30 population are more likely to have babies and buy Mumthings’s products. This increasing demand comes from demographic change and suggests a growing market for Mumthings.
  3. Not correct – ethical factors concern the way Mumthings runs its business, not whether they open stores.
  4. Not correct – environmental factors would influence the way Mumthings build and operate new stores in Ruritania, not whether they open new stores.

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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