Tag: GCSE

Which ONE of the following is MOST LIKELY to be a supplier to a small business making costumes for parties?

Select ONE answer:

1. A clown who entertains children at parties
2. A manufacturer of buttons
3. A taxi that takes people to parties
4. People who buy costumes
5. A car manufacturer

What three other relevant suppliers (and why) might supply this business if it mainly produces costumes for parties?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 2 – A manufacturer of buttons to sew on the costumes they make for parties. 4 is their customer, whilst 1 & 2 are complimentary businesses and 5 is just another business type irrelevant to this particular small business

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Which of the following subjects might Jenny and Tasmin have MOST likely considered when originally setting up their marketing agency Creative+?

Select ONE answer:

1. How the business will be financed
2. The demand for oil in the economy
3. The level of government spending in the economy
4. What legal aspects might impact the recycling of printer toner cartridges
5. Global weather patterns

What three other relevant subjects (and why) should Jenny and Tasmin consider when setting up their business?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – Whilst these are all questions businesses might consider, how a business will be financed is the most pertinent question facing a small start-up.

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Jenny and Tasmin run a marketing agency, Creative+, which specialises in the design of holiday brochures and websites for holiday tour companies.

Which ONE of the following is MOST likely to be a customer of Creative+?

Select ONE answer:

1. The public sector
2. The general public
3. A business supplying paper to Creative+
4. A business selling adventure holidays in Africa
5. A hotel that caters for business travelers in their home town

What is the benefit for Creative+ in specialising in designing holiday brochures and websites for holiday tour companies?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 4 – The business selling adventure holidays in Africa per the information given in the question is the most likely to be their customer, compared to the hotel who caters for business travelers in their home town. The business supplying paper would be classed as a supplier.

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Which ONE of the following are the benefits of conducting secondary research instead of primary market research?

Select ONE answer:

1. It is less time consuming
2. It adds value to products
3. It offers a limited range of information
4. It is more specific to the target market
5. It will lower the costs of production

What another advantage can you explain as being an advantage of conducting secondary research instead of primary market research?
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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – Secondary research (also known as desk research) involves the summary, review, collation and/or synthesis of existing sources of information and research such as Yellow Pages, and as such can be done very quickly.

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Which ONE of the following are advantages of primary market research over secondary research?

Select ONE answer:

1. It is very cheap
2. It is less time-consuming than secondary research
3. It is less up to date than secondary research
4. It can be done only by market-research agencies
5. It is more specific to the needs of a business

What is another advantage that can you explain as being an advantage of primary market research over secondary research?
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 4 – Primary research involves the collection of original primary data. It can be accomplished through various methods, including focus groups, questionnaires and telephone interviews in market research. As such it can be specific to the needs of a business.

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