IGCSE Business Studies

IGCSE Business Studies

11th Grade

20 Qs

quiz-placeholder

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IGCSE Business Studies

IGCSE Business Studies

Assessment

Quiz

Business

11th Grade

Practice Problem

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What happens in the secondary sector?

Raw materials are sourced
Products are made
Products/services provided to customers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 What is a market segment?

A part of a market e.g. age, gender
A piece of cake
Part of a person e.g. age, gender
Smaller part of a larger market e.g. shop

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is an example of an external stakeholder?

Employees
Customers
Employers
Shareholders

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What happens in the tertiary sector?

Raw materials are sourced

Products are made

Services provided to customers

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Something which distinguishes one business from its rivals, placing it an advantageous position is called

Competition

Competitive situation

Competitive edge

Competitive advantage

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What happens in the primary sector?

Raw materials are sourced
Products are made
Products/services provided to customers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the business culture?

A notion that concentrates its main economic output upon businesses

The attitude that stakeholders such as management bring to the business

How willing and motivated employees are to work

The process by which a creditor studies a business to see the chance a proposed strategy may fail before it gives financial aid

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