Business Studies Multiple Choice Question – 9 August 2020

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

construction working industry metal
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What are commodities?

 

Select ONE answer:

  1. Information about opinions, judgements and attitudes
  2. Goods or services sold to foreign buyers
  3. Part of a market that contains a group of buyers with similar buying habits
  4. Raw materials such as coal, oil, copper, iron ore and wheat

 

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

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Business Studies Multiple Choice Question – 8 August 2020

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

construction working industry metal
Photo by Kateryna Babaieva on Pexels.com

What is a market segment?

 

Select ONE answer:

  1. Information about opinions, judgements and attitudes
  2. Goods or services sold to foreign buyers
  3. Part of a market that contains a group of buyers with similar buying habits
  4. Raw materials such as coal, oil, copper, iron ore and wheat

 

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

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

Business Studies Multiple Choice Question – 7 August 2020

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

construction working industry metal
Photo by Kateryna Babaieva on Pexels.com

What are exports?

 

Select ONE answer:

  1. Information about opinions, judgements and attitudes
  2. Goods or services sold to foreign buyers
  3. Part of a market that contains a group of buyers with similar buying habits
  4. Raw materials such as coal, oil, copper, iron ore and wheat

 

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 2

 

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

Business Studies Multiple Choice Question – 6 August 2020

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

construction working industry metal
Photo by Kateryna Babaieva on Pexels.com

What is Qualitative data?

 

Select ONE answer:

  1. Information about opinions, judgements and attitudes
  2. Goods or services sold to foreign buyers
  3. Part of a market that contains a group of buyers with similar buying habits
  4. Raw materials such as coal, oil, copper, iron ore and wheat

 

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 1

 

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

Business Studies Multiple Choice Question – 5 August 2020

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

construction working industry metal
Photo by Kateryna Babaieva on Pexels.com

Lucy imports high quality pasta from Southern Italy for sale at his delicatessen in Stafford.

The exchange rate between the pound (£) and the euro (€) is important for Lucy.

She buys 100 kg of pasta every month. The price of pasta is €5 per kg.

Pasta is made from wheat.

In 2019, good weather led to a large increase in the wheat harvest.

Which of the following is the most likely effect of this increase?

 

Select ONE answer:

  1. The price of wheat will fall.
  2. Lucy will have to pay more for her pasta.
  3. The cost of wheat will rise.
  4. The demand for wheat will fall.

 

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 1

 

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