Business Studies Multiple Choice Question – 19 July 2017

A Sole Trader is?

Select ONE answer:

  1. Is owned by shareholders
  2. Has limited liability
  3. Has unlimited liability
  4. Has “Ltd” after its name
  5. Is only legal for 5 years

Explain ONE reason why people set up in business as a sole trader:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 3 – A sole trader has unlimited liability

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Business Studies Multiple Choice Question – 18 July 2017

A manufacturing business is?

Select ONE answer:

  1. In the primary sector
  2. Always a private limited company
  3. In the tertiary sector
  4. Labour intensive
  5. In the secondary sector

What is meant by the primary sector?:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 5 – In the secondary sector.  A mine or oil well would be an example of a primary business whilst and accountant would be in the tertiary sector.

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Business Studies Multiple Choice Question – 17 July 2017

If you write a new book, it is protected by?

Select ONE answer:

  1. A patent
  2. A copyright
  3. A copy note
  4. A portent
  5. A trade war

Explain your answer:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 2 – A copyright.  A patent protects a new product invention or idea, the rest are nonsense ideas.

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Business Studies Multiple Choice Question – 16 July 2017

An example of a tertiary business is?

Select ONE answer:

  1. An oil company
  2. A car manufacturer
  3. A farmer
  4. A mining company
  5. An accountant

Give TWO other examples of tertiary organisations:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 5 – An accountant – the others are primary or secondary businesses.

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Business Studies Multiple Choice Question – 15 July 2017

What is a quality circle?

Select ONE answer:

  1. Areas in a factory where quality is 100%
  2. A roundabout way of reducing productivity
  3. A means of paying staff
  4. A voluntary group of staff who meet to find ways of improving quality
  5. A discussion forum to agree on pay rates

Explain one benefit of introducing quality circles:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 4 – These groups are made up of staff who look at ways to improve quality.

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