Introduction to Business Concepts
Business Studies
General
2 questions
~4 mins
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About This Worksheet
A medium difficulty Business Studies worksheet on various topics for grade 7 students. Includes questions on Basic Business Concepts, Business Strategies and Marketing, Business Ethics and Social Responsibility.
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Introduction to Business Concepts
Subject: Business StudiesGrade: General
Name:
Date:
Introduction to Business Concepts
Business Studies
Instructions: Read each question carefully. For multiple choice questions, select the best answer. For short-answer questions, write your response clearly in the space provided. Answer all questions to the best of your ability.
A
Basic Business Concepts
Questions about types of businesses and basic business terminology.
1.
1. Which of the following is an example of a service business?
[2 marks]AA bakery
BA car repair shop
CA clothing store
DA farm
2.
2. Define entrepreneurship in your own words.
[3 marks]B
Business Strategies and Marketing
Questions about how businesses attract customers and compete in the marketplace.
1.
3. Which marketing method involves promoting products through social media platforms?
[2 marks]ATraditional Advertising
BDigital Marketing
CWord of Mouth
DPrint Ads
2.
4. Briefly explain the concept of 'target market'.
[3 marks]C
Business Ethics and Social Responsibility
Questions about ethical practices and the importance of social responsibility in business.
1.
5. Why is it important for a business to act ethically?
[3 marks]D
Case Study: FreshFruit Co.
Read the scenario carefully and answer the questions below.
1.
6. FreshFruit Co. is a new business that sells fresh fruits and vegetables. They want to attract more customers by offering discounts and running social media campaigns. What business concept are they using?
[3 marks]2.
7. If FreshFruit Co. decides to expand into selling organic products, what type of business growth strategy are they pursuing?
[3 marks]E
Business Planning and Management
Questions about how businesses plan and organize their operations.
1.
8. What is a business plan and why is it important?
[3 marks]F
Financial Aspects of Business
Questions about managing money and resources.
1.
9. Why is budgeting important for a business?
[3 marks]G
Business Decision-Making Scenario
Apply your knowledge to analyze a real-world business decision.
1.
10. Scenario: GreenTech is a company that produces eco-friendly cleaning products. They are considering whether to increase their advertising budget to reach more customers. What factors should GreenTech consider before making this decision?
[4 marks]Quick Actions
What is Remix?
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Details
- Created
- 4/21/2025
- Updated
- 12/29/2025
- Type
- worksheet