Introduction to Business Studies: Concepts and Applications
General
General
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~4 mins
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A medium difficulty Business Studies worksheet on business types and structures for grade 9 students. Includes questions on Business Types and Structures, Business Environment and Decision Making, Marketing and Customer Focus.
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Introduction to Business Studies: Concepts and Applications
Subject: GeneralGrade: General
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Introduction to Business Studies: Concepts and Applications
Instructions: Read each question carefully. For multiple-choice questions, select the best answer. For scenario-based questions, apply your business knowledge to analyze and respond. Answer all questions to the best of your ability. You have approximately 30 minutes to complete this worksheet.
A
Business Types and Structures
Understanding different types of businesses and their characteristics.
1.
Which of the following is a characteristic of a sole proprietorship?
[2 marks]AOwned and operated by one person
BLimited liability
COwned by multiple shareholders
DRequires large start-up capital
2.
Identify the main advantage of forming a partnership.
[2 marks]ALimited liability for all partners
BShared resources and responsibilities
CUnlimited government regulation
DHigh start-up costs
B
Business Environment and Decision Making
Exploring external factors affecting businesses and how decisions are made.
1.
Which factor is part of the external business environment?
[2 marks]AEmployees
BOwners
CManagers
DCustomers
2.
A company decides to expand into a new market. List two external factors that could influence this decision.
[2 marks]ACompany policies and internal costs
BMarket demand and competitors
CEmployee skills and management
DProduction methods and equipment
C
Marketing and Customer Focus
Understanding how businesses attract and retain customers.
1.
What is the primary purpose of a business’s marketing strategy?
[2 marks]ATo increase production
BTo reduce costs
CTo identify and satisfy customer needs
DTo hire new staff
2.
Explain one way a business can differentiate its products from competitors.
[2 marks]ALower prices
BImprove product quality
CReduce advertising
DLimit product features
D
Business Case Study: EcoWear Clothing
EcoWear is a startup clothing company that sources sustainable materials and markets eco-friendly apparel. They are considering expanding their product line but are unsure about customer demand.
1.
Based on the case, what marketing strategy should EcoWear prioritize to attract environmentally conscious customers?
[3 marks]ACost reduction
BProduct differentiation through eco-friendly features
CAggressive price cuts
DReducing product quality
2.
Identify two external factors EcoWear should analyze before expanding their product line.
[3 marks]ACustomer preferences and competitors' actions
BEmployee training and internal costs
CProduction methods and company policies
DManagement skills and internal resources
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- Created
- 6/1/2025
- Updated
- 12/30/2025
- Type
- worksheet