Month: December 2022

Business Studies Multiple Choice Question – 16 December 2022

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

man welding round window frame
Photo by Kateryna Babaieva on Pexels.com

A business experiencing a lower level of capacity utilisation than usual may benefit because it …..?

Select ONE answer

  1.  reduces the average costs of production.
  2. provides more time for maintenance and repair of machinery.
  3. can increase employee morale, because employees feel more secure in their jobs.
  4. represents a more efficient use of capital equipment.

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
  2. Correct  
  3. Not correct
  4. Not correct

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

Business Studies Multiple Choice Question – 15 December 2022

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

Photo by Andrea Piacquadio on Pexels.com

A Staffordshire farmer takes over a local retailer in order to sell its produce.

This is an example of?

Select ONE answer:

  1. horizontal integration.
  2. backward vertical integration.
  3. forward vertical integration.
  4. conglomerate integration.

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

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

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct
  4. Not correct

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

Business Studies Multiple Choice Question – 14 December 2022

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

man welding round window frame
Photo by Kateryna Babaieva on Pexels.com

A ‘hard’ approach to human resource management would…?

Select ONE answer

  1. focus on the most efficient use of capital equipment
  2. treat employees as a resource to be used as efficiently as possible
  3. view workers as a valuable asset to be developed
  4. focus solely on better recruitment methods to improve employee engagement.

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
  2. Correct  
  3. Not correct
  4. Not correct

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

Business Studies Multiple Choice Question – 13 December 2022

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

Photo by Andrea Piacquadio on Pexels.com

The diagram below shows an inventory control chart for boxes of strawberries held by a large Staffordshire supermarket.

The lead time for the delivery of inventory of strawberries from a local farm is one day.

What is the re-order level for strawberries?

Select ONE answer:

  1. 70 units
  2. 60 units
  3. 30 units
  4. 10 units

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

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

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct
  4. Not correct

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

Business Studies Multiple Choice Question – 12 December 2022

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

Photo by cottonbro on Pexels.com

Payables are the value of?

Select ONE answer:

  1. a firm’s overdraft from its bank
  2. inventory held by a business
  3. money owed to a firm by customers
  4. money owed to suppliers by a business

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

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

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

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