Business Studies Multiple Choice Question – 9 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 the MOST likely advantage to a business from improved customer loyalty?

 

Select ONE answer:

  1. Lower margin of safety
  2. Higher revenue
  3. Lower productivity
  4. Higher break-even point

 

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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Business Studies Multiple Choice Question – 8 July 2019

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

What is a calculated risk?

 

Select ONE answer:

  1. Weighing up the probability of profit or loss.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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

 

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Business Studies Multiple Choice Question – 7 July 2019

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

What is a net cash flow?

 

Select ONE answer:

  1. The difference between cash inflows and cash outflows over a period of time.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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

 

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Business Studies Multiple Choice Question – 6 July 2019

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

What is a unique trading name?

 

Select ONE answer:

  1. Enables customers to recognise a business in its market place.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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

 

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

Business Studies Multiple Choice Question – 5 July 2019

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

What is a person specification?

 

Select ONE answer:

  1. A document outlining the skills and qualities needed by a job applicant.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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 – 4 July 2019

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

What is a market map?

 

Select ONE answer:

  1. A visual means of showing where a product is positioned in a market.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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 – 3 July 2019

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

What is a market segment?

 

Select ONE answer:

  1. A group of customers with similar characteristics.
  2. The total revenue received from sales over a period of time.
  3. Involves taking risks, showing initiative and a willingness to undertake new ventures.
  4. A document outlining the responsibilities and duties expected to be carried out by someone.

 

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.