Business Studies Exam
0 of 18 questions completed
Welcome to your Business Studies Assessment
- Read all questions carefully before you answer
- You must answer all questions
- You have approximately 30mins to complete the exam
Please only click the test button when you are ready as you must complete the test in one sitting.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
0 of 18 questions answered correctly
Time has elapsed
You have reached 0 of 0 points, (0)
You have successfully passed the Business Studies Final Assessment.
Your results will now be forwarded to email@example.com.
Your certification is now being processed and will be sent digitally via email for you to download within 7 – 14 working days.
You did not pass this time!
Unfortunately, you have not been successful on this occasion
Harley Oxford would advise you to go over the course modules again to get more practice.
Question 1 of 18
Which type of business is focused on making a profit?
Question 2 of 18
Which type of business addresses a social or environmental problem as its primary mission while still earning a profit?
Question 3 of 18
What percentage of the UK’s gross domestic product (GDP) is accounted for by the manufacturing sector?
Question 4 of 18
Which of the following is NOT one of the industries within the UK manufacturing sector?
Question 5 of 18
Which of the following is NOT a key contribution of business activities in the economy?
Question 6 of 18
Which of the following is a key advantage of a Limited Liability Company (LLC) business structure?
Question 7 of 18
What is the difference between a public limited company and a private limited company?
Question 8 of 18
Which of the following is an example of an informal organisation?
Question 9 of 18
What is the main contribution of neo-classical organisation theory?
Question 10 of 18
What is a functional structure in an organisation?
Question 11 of 18
What is the advantage of a divisional structure in an organisation?
Question 12 of 18
What does the social environment of an organisation refer to?
Question 13 of 18
Why is it important for an organisation to understand its social environment?
Question 14 of 18
What is a cooperative?
Question 15 of 18
What is the principle on which cooperative management is based?
Question 16 of 18
What is environmental scanning?
Question 17 of 18
What is direct competition?
Question 18 of 18
What are some ways businesses can stay competitive in the market?