Tag: GCSE

Business Studies Multiple Choice Question – 6 May 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 a service?

Select ONE answer only:

  1. Education in a state school
  2. A school desk
  3. A train carriage
  4. A tonne of coal
  5. A knife and fork

Explains ONE reason why someone might want to set up their own business?

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

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

The answer is 1 – This is a service, the rest are goods

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Business Studies Multiple Choice Question – 5 May 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 a service?

Select ONE answer only:

  1. A school desk
  2. A train carriage
  3. A tonne of coal
  4. A train journey 
  5. A knife and fork

Explain ONE way in which a gap in the market creates a business opportunity?

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

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

The answer is 4 – This is a service, the rest are goods

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

Business Studies Multiple Choice Question – 4 May 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 describes the role of an entrepreneur?

Select ONE answer only:

  1. Being employed by a large organisation
  2. A willingness to take risks
  3. Having sufficient money to start a new business
  4. Being able to work alone
  5. Being motivated by wanting to be famous

Explain ONE opportunity that the introduction of new technology creates for a business?

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

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

The answer is 2 – Entrepreneurs are risk-takers who have an initial business idea, and the willingness and confidence to see it through.

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

Business Studies Multiple Choice Question – 3 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. Independence
  4. Lack of security
  5. Losses

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

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

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

The answer is 3 – 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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This work is licensed under a Creative Commons Attribution 4.0 International License.

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.

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