Tag: GCSE

Business Studies Multiple Choice Question – 13 January 2022

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

woman draw a light bulb in white board
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Lucy runs Mable’s Rescue, a Stafford based re-homing centre for guinea pigs, as an unpaid volunteer.

Lucy is most likely to be motivated by which one of the following reasons?

Select ONE answer:

  1. Adding value
  2. An ethical stance
  3. Maximising profits
  4. A paternalistic leader

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 2

  1. Not correct
  2. Correct – Motivation is the drive behind doing something. An ethical stance implies that Lucy is motivated by moral and social concerns. In the case the welfare of guinea pigs not pay is what motivates Lucy.
  3. Not correct
  4. Not correct

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Business Studies Multiple Choice Question – 11 January 2022

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

woman draw a light bulb in white board
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A rail company announced the recruitment of 100 new train drivers. It decided to only use internal recruitment for these are vacancies.

The MOST LIKELY reason for them to use internal recruitment is which one of the following?

Select ONE answer:

  1. it takes longer than external recruitment
  2. the chance of promotion can motivate employees
  3. it attracts a wider range of potential candidates
  4. less is known about potential candidates

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 2

  1. Not correct
  2. Correct – An autocratic leadership style is one which entails strict discipline and the following of orders which would have been particularly appropriate under these dangerous/hazardous circumstances to get his/her staff and/or customers out of the shop quickly.
  3. Not correct
  4. Not correct

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Business Studies Multiple Choice Question – 25 May 2021

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

woman draw a light bulb in white board
Photo by Andrea Piacquadio on Pexels.com

UK High Street retailer, Mothercare, announced in 2019 that it was closing down all of its UK retail outlets.

This is MOST LIKELY due to an increase in….?

Select ONE answer:

  1. competition
  2. supplier credit terms
  3. cash flow
  4. turnover

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 1

  1. Correct – Correct – Definition of competition e.g. rivalry among sellers or a substitute business in the same market. More competition may lead to Mothercare losing customers to its competitors. Therefore Mothercare may have had to close its stores due to fewer customers and lower sales, and thus less profits
  2. Not correct
  3. Not correct
  4. Not correct

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

Business Studies Multiple Choice Question – 24 May 2021

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

woman draw a light bulb in white board
Photo by Andrea Piacquadio on Pexels.com

The employees at JCB’s UK factories have been awarded a generous 5% pay increase and a £2,000 yearly bonus.

This is MOST LIKELY to result in….?

Select ONE answer:

  1. an increase in self-actualisation
  2. a reduction in safety needs
  3. an increase in empowerment
  4. a reduction in labour turnover

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct – Definition of labour turnover e.g. the proportion of a workforce who leave within a specified time period.  The pay increase and bonus may reward/motivate employees at JCB.  This could result in fewer employees wanting to leave JCB due to the higher pay for the same amount of work.

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Business Studies Multiple Choice Question – 23 May 2021

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

woman draw a light bulb in white board
Photo by Andrea Piacquadio on Pexels.com

PolyPlac, an international supplier of plastics, has to prepare yearly budgets. It uses historical-based budgeting to calculate its sales and production budgets.

Historical-based budgeting is MOST Likely to be?

Select ONE answer:

  1. prepared from scratch
  2. planned more carefully
  3. more accurate
  4. quick to prepare

Show the workings to arrive at your answer, and explain and justify your reasons:

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct – Definition of historical-based budgeting e.g. a budget based on figures from previous years.  PolyPlac will use their current sales and production budgets as a basis for the new budget.  This method of budgeting is therefore very easy to produce as it does not entail any complex calculations.

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