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business studies

Authored by Oluwadamilare Olakunde

Business

7th Grade

Used 110+ times

business studies
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18 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Name one componet of business studies

(a)  

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are tangible goods

what you can feel

what you can not feel

what CANT HEAR

what you can see feel touch hear smell and taste

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Primary Research?

Primary Research involves gathering new data that has not been collected before. For example, surveys using questionnaires or interviews with groups of people in a focus group.
Primary Research involves gathering existing data that has already been produced. For example, researching newspapers
Primary Research involves gathering existing data that has already been produced. For example, researching the internet
Primary Research involves gathering existing data that has already been produced. For example, researching company reports.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Secondary Research?

involves gathering new data that has not been collected before. For example, surveys using questionnaires or interviews with groups of people in a focus group.
involves gathering existing data that has already been produced. For example, researching the internet, newspapers and company reports.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a business reduce the risk of failure?

By selling less products
By keeping the cost of their products low
By carrying out market research
By staying open late.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order to be successful a business needs to?

Identify its customers needs and wants
Have a big shop
Sell products really cheap
Have lots of sales

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an entrepreneur?

Someone who takes a calculated risk through starting a business
Someone who gives up when something goes wrong
Someone who doe not understand the business environment
Someone who does not take time to consider the risks

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