Business Studies Multiple Choice Question – 2 April 2018

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

Which ONE of the following are examples of rewards associated with starting up a business?

Select ONE answer only:

  1. Business failure
  2. Financial loss
  3. Lack of Independence
  4. Lack of security
  5. Profit

Explain one advantage to a business of using secondary market research?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 5 – The main reward associated with starting up a business is the financial reward of profit. There are also non-financial rewards which include being able to work independently without any interference. The other options are examples of risks associated with starting up a business.

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Business Studies Multiple Choice Question – 1 April 2018

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 correct definition of m-commerce?

Select ONE answer only:

  1. The sale or purchase of goods or services, conducted over computer networks
  2. The electronic transmission of information that has been encoded for storage and processing 
by computers
  3. A way of making financial transactions through the use of microchips and transistors
  4. Websites and applications that enable users to create and share content, and interact with others
  5. The sale or purchase of goods or services, conducted over mobile telecommunications networks

Explain one disadvantage to a business of using primary market research?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 5 – Option 1 defines e-commerce. Option 2 is a definition of digital communication. Option 3 defines electronic payment systems. Option 4 – defines social media. Option 5- defines m-commerce

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Business Studies Multiple Choice Question – 31 March 2018

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 correct definition of electronic payment systems?

Select ONE answer only:

  1. The sale or purchase of goods or services, conducted over computer networks
  2. The electronic transmission of information that has been encoded for storage and processing 
by computers
  3. A way of making financial transactions through the use of microchips and transistors
  4. Websites and applications that enable users to create and share content, and interact with others
  5. The sale or purchase of goods or services, conducted over mobile telecommunications networks

Explain one benefit to a business of using primary market research?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 3 – Option 1 defines e-commerce. Option 2 is a definition of digital communication. Option 3 defines electronic payment systems. Option 4 – defines social media. Option 5- defines m-commerce

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

Business Studies Multiple Choice Question – 30 March 2018

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 correct definition of digital communication?

Select ONE answer only:

  1. The sale or purchase of goods or services, conducted over computer networks
  2. The electronic transmission of information that has been encoded for storage and processing 
by computers
  3. A way of making financial transactions through the use of microchips and transistors
  4. Websites and applications that enable users to create and share content, and interact with others
  5. The sale or purchase of goods or services, conducted over mobile telecommunications networks

Explain one reason why a business would carry out market research?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 2 – Option 1 defines e-commerce. Option 2 is a definition of digital communication. Option 3 defines electronic payment systems. Option 4 – defines social media. Option 5- defines m-commerce

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

Business Studies Multiple Choice Question – 29 March 2018

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 correct definition of e-commerce?

Select ONE answer only:

  1. The sale or purchase of goods or services, conducted over computer networks
  2. The electronic transmission of information that has been encoded for storage and processing 
by computers
  3. A way of making financial transactions through the use of microchips and transistors
  4. Websites and applications that enable users to create and share content, and interact with others
  5. The sale or purchase of goods or services, conducted over mobile telecommunications networks

Explain one reason why customer service is an important need that businesses should meet?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – Option 1 defines e-commerce. Option 2 is a definition of digital communication. Option 3 defines electronic payment systems. Option 4 – defines social media. Option 5- defines m-commerce

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

Business Studies Multiple Choice Question – 28 March 2018

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 correct definition of social media?

Select ONE answer only:

  1. The sale or purchase of goods or services, conducted over computer networks
  2. The electronic transmission of information that has been encoded for storage and processing 
by computers
  3. A way of making financial transactions through the use of microchips and transistors
  4. Websites and applications that enable users to create and share content, and interact with others
  5. The sale or purchase of goods or services, conducted over mobile telecommunications networks

Explain one impact that entrepreneurs have on the economy?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 4 – Option 1 defines e-commerce. Option 2 is a definition of digital communication. Option 3 defines electronic payment systems. Option 4 – defines social media. Option 5- defines m-commerce

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Business Studies Multiple Choice Question – 27 March 2018

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

Which ONE of the following business stakeholder objectives is most likely to be the objectives of a business’s suppliers?

Select ONE answer only:

  1. Value for money
  2. Protection of wildlife
  3. Unprofitable contracts
  4. Capital gain on shares
  5. Timely payment for goods delivered

Explain one factor that an entrepreneur should consider before opening a new business?

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

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 5 – Value for money is a key objective of customers. Capital gain on shares is an objective of a business’s shareholders, and protection of wildlife is likely to be an objective of the local community or a pressure group, such as the WWF – the World Wide Fund for Nature (an international non-governmental organisation founded in 1961).

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