Business Studies Quizzes, Questions & Answers

Recent Business Studies Quizzes

A few questions about the fifth chapter from the IGCSE Business Studies book: Other External Influences on Business

Questions: 5 | Attempts: 231 | Last updated: Mar 21, 2025

Sample Question
What is an advantage of technological change?

Workers will require training

New products encourage consumers to buy

Expensive to buy and introduce with no certainty it will succeed

Customers still prefer personal contact

Types Of Business Activity Quiz Questions

Types of Business Activity quiz questions

Any activity that is carried out with the sole intent of making profits is seen as a business activity. This quiz is made up of a few questions about the second chapter from the IGCSE Business Studies book: Types of Business...

Questions: 5 | Attempts: 2074 | Last updated: Mar 22, 2025

Sample Question
What happens in the second stage of production?

Manufactures goods using raw materials

Extracts and uses the natural resources of the earth

Business controls all of the market of a product

Provides services to consumers and the other sectors of industry

Business Studies: The Purpose Of Business Activity Quiz #2

Business Studies: The Purpose of Business Activity Quiz #2

Business Studies: The Purpose of Business Activity Quiz #2 explores fundamental business concepts such as scarcity, division of labor, and business objectives. It assesses understanding of factors of production and the role of...

Questions: 7 | Attempts: 1281 | Last updated: Mar 22, 2025

Sample Question
What is meant by scarcity?

Choosing the next best alternative given up by choosing another item

The lack of sufficient products to fulfill the total wants of the population

Need to produce goods or services

Next best alternative given up by choosing another item

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