Tag: GCSE

Business Studies Multiple Choice Question – 25 July 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 a reason for a product to become obsolete?

Select ONE answer only:

  1. The product breaks
  2. An accessory for the product is introduced
  3. The product is unique
  4. New technology is introduced
  5. The general level of prices rise in the market

Explain ONE way that changing consumer needs could create a new opportunity for a business.

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This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 4 – New technology is introduced that will make this product obsolete.

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Business Studies Multiple Choice Question – 28 June 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 an example of secondary market research?

Select ONE answer only:

  1. Statistical analysis
  2. Focus group
  3. Government reports
  4. Questionnaire
  5. Observation

Explain ONE disadvantage to a business of the government introducing new consumer protection legislation.

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

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

The answer is 3 – This is an example of secondary market research, the rest are examples of primary market research

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Business Studies Multiple Choice Question – 27 June 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 an example of secondary market research?

Select ONE answer only:

  1. Market reports
  2. Statistical analysis
  3. Focus group
  4. Questionnaire
  5. Observation

Discuss the likely benefits to a business of using digital communications to communicate with its customers.

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

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

The answer is 1 – This is an example of secondary market research, the rest are examples of primary market research

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

Business Studies Multiple Choice Question – 26 June 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 an example of secondary market research?

Select ONE answer only:

  1. Statistical analysis
  2. Focus group
  3. Questionnaire
  4. Observation
  5. Internet research

Explain ONE reason why a business may choose to invest in the latest technology.

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

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

The answer is 5 – This is an example of secondary market research, the rest are examples of primary market research

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

Business Studies Multiple Choice Question – 25 June 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 an example of a market segment for a small sports retailer?

Select ONE answer only:

  1. Rival sports retailers in the same area
  2. A questionnaire conducted with customers
  3. An advertisement in a local newspaper
  4. Government taxation
  5. Manager of a local netball team

Define the term stakeholders.

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

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

The answer is 5 – This is a market segment for a small sports retailer, the rest are other business needs or activities.

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