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Business Studies Multiple Choice Question – 28 December 2018

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

The figure below shows a diagram of the Boston Matrix.

 

Table 40

Which element of the Boston Matrix is represented by box X?

Select ONE answer:

  1. Cash cow
  2. Dog
  3. Problem child/question mark
  4. Star

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 3:

1 Cash cow – is incorrect because this is high market share and low market growth.
2 Dog – is incorrect because this is low market share and low market growth.
3 Problem child/question mark – is incorrect because this is high market growth and low market share.
4 Star – is correct because this is high market share and high market growth.

Creative Commons License
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Business Studies Multiple Choice Question – 27 December 2018

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

The figure below shows a diagram of the Boston Matrix.
Table 39

Which element of the Boston Matrix is represented by box W?

Select ONE answer:

  1. Cash cow
  2. Dog
  3. Problem child/question mark
  4. Star

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 4:

1 Cash cow – is incorrect because this is high market share and low market growth.
2 Dog – is incorrect because this is low market share and low market growth.
3 Problem child/question mark – is incorrect because this is high market growth and low market share.
4 Star – is correct because this is high market share and high market growth.

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

Economics Multiple Choice Question – 26 December 2018

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

Scarcity is represented on the production possibilities frontier by …… ?

Select ONE answer:

  1. the fact that there are only two goods in the diagram.
  2. technological progress.
  3. the amount of the good on the horizontal axis forgone.
  4. the fact there are attainable and unattainable points.

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

This multiple choice question is suitable for Economics KS5 classes.

The answer is 4

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Economics Multiple Choice Question – 25 December 2018

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

On the vertical axis, the production possibilities frontier shows ________ ; on the horizontal axis, the production possibilities frontier shows ________ ?

Select ONE answer:

  1. the quantity of a good; a weighted average of resources used to produce the good.
  2. the quantity of a good; the number of workers employed to produce the good.
  3. the quantity of a good; the price of the good.
  4. the quantity of one good; the quantity of another good.

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

This multiple choice question is suitable for Economics KS5 classes.

The answer is 4

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Economics Multiple Choice Question – 24 December 2018

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

Jane produces only corn and cloth. Taking account of her preferences for corn and cloth…….?

Select ONE answer:

  1. makes her production possibilities frontier straighter.
  2. does not affect her production possibilities frontier.
  3. makes her production possibilities frontier flatter.
  4. makes her production possibilities frontier steeper.

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

This multiple choice question is suitable for Economics KS5 classes.

The answer is 2

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