Tag: GCSE

Chris wants to set up a business fitting kitchens and looks in the Yellow Pages to see what other businesses offer similar services in the area?

This is an example of what type of research?

Select ONE answer:

1. Qualitative
2. Primary
3. Secondary
4. Observation
5. Review

What 3 other sources of research could Chris use to find out about other kitchen fitters in his area? Explain you answers:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

 

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

The answer is 3 – 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.

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Justin is a professional DJ who travels to gigs with all his kit in a van.

Which TWO of the following is MOST LIKELY to be suppliers to his business?

Select TWO answers:

1. A club renting his services
2. A TV company writing an article about the business
3. A local petrol garage
4. The individuals who attend his gigs
5. Record stores
6. A local business who is sponsoring him to play at their supplier conference

 

What 3 other suppliers could Justin have to help support his business? Explain you answers:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 3 & 4 – The most likely suppliers are the local petrol garage who sells him petrol to fill up his van with, and the record store who sells him vinyl records to play at his gigs.

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A small business makes cakes for parties and weddings.

Which TWO of the following is most likely to be resources it uses directly in production?

Select TWO answers:

1. Labour
2. Taxes
3. Television adverts
4. Flour
5. Airfreight
6. Banking fees

What are the fixed costs for this cake making business?
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 1 & 4 – The resources it would use in producing the cakes for parties and weddings would be Labour (i.e. employees to make the cakes) and flour (i.e. one of the key ingredients to make a cake from). All the other choices are costs to a business but not directly involved in producing the cakes themselves.

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What is the purpose of a business?

Select ONE answer:

1. To give everyone a job
2. To make big profits for its owners
3. To produce goods and services
4. To pay taxes to the government
5. To pay big bonuses to the managers

What would be the aims and objectives for a business’s managers and employees?
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 2 – The primary purpose of a business is to maximise their profits for its owners or stakeholders

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Asif trained as an artist at college. His business paints designs on cars and motorbikes from a workshop. Which TWO of the following business activities would involve him dealing directly with suppliers?

Select TWO answers:

1. Ringing a car dealer to say a design is ready
2. Paying business rates to the local authority by direct debit
3. Ordering paint for the designs
4. Talking to a bike owner about a new design
5. Taking delivery of leaflets to advertise the paint shop
6. Receiving payment for a design

Name 5 other suppliers that Asif might deal with, and explain what they would supply him:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 3 & 5 – Ordering paints and taking deliveries of advertising leaflets would require Asif to talk to the dealers to order what he wants from them and arranging when he is in so they can deliver to him.

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