Category: Business Studies

Business Studies Multiple Choice Question – 2 July 2019

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

What is the purpose of a ‘what if’ question?

 

Select ONE answer:

  1. It increases the level of economic activity
  2. It makes sure sales will increase
  3. It ensures that the business will not fail
  4. It improves decision making

 

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. ‘what if’ does not increase the level of activity.
  2. does not ensure an increase in sales.
  3. does not ensure that the business will fail.
  4. Correct – does improve the decisions that are made within the business.

 

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Business Studies Multiple Choice Question – 1 July 2019

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

Which ONE of the following is an example of lateral thinking techniques?

 

Select ONE answer:

  1. Producing a business plan
  2. Providing a range of products
  3. Collecting market research information
  4. Thinking outside the box

 

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. a business plan has nothing to do with lateral thinking.
  2. it has nothing to do with providing a range of products.
  3. has nothing to do with market research information.
  4. Correct – also thinking ‘outside of the box’ may be considered lateral thinking.

 

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Business Studies Multiple Choice Question – 30 June 2019

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

Which ONE of the following is an example of lateral thinking techniques?

 

Select ONE answer:

  1. Producing a business plan
  2. Providing a range of products
  3. Collecting market research information
  4. Creating a mind map

 

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. a business plan has nothing to do with lateral thinking.
  2. it has nothing to do with providing a range of products.
  3. has nothing to do with market research information.
  4. Correct – creating a mind map may be considered a way of thinking laterally.

 

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Business Studies Multiple Choice Question – 29 June 2019

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

CCBM Ltd manufactures high-quality stationery.

The graph below shows the interest rate the bank charged on CCBM Ltd’s overdraft between 2008 and 2018.

Table 60

Identify the likely effect on CCBM Ltd of the changes in the interest rate shown in the graph.

 

Select ONE answer:

  1. Increased risk of insolvency
  2. Lower variable costs
  3. Increased profit
  4. Lower cash inflow

 

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. reduced interests does not increase the risk of insolvency.
  2. does not produce lower variable costs – no guarantee that the prices change.
  3. Correct – it is likely that there will be an increase in profit.
  4. no guarantee that there will be lower cash flowing into the business – the cost of stationery may remain the same.

 

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

Business Studies Multiple Choice Question – 28 June 2019

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

CCBM Ltd manufactures high-quality stationery.

The graph below shows the interest rate the bank charged on CCBM Ltd’s overdraft between 2008 and 2018.

Table 60

Identify the likely effect on CCBM Ltd of the changes in the interest rate shown in the graph.

 

Select ONE answer:

  1. Increased risk of insolvency
  2. Lower variable costs
  3. Improved net cash flow
  4. Lower cash inflow

 

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. reduced interests does not increase the risk of insolvency.
  2. does not produce lower variable costs – no guarantee that the prices change.
  3. Correct – could improve net cash flow as less money is going out of the business.
  4. no guarantee that there will be lower cash flowing into the business – the cost of stationery may remain the same.

 

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