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Business Studies Exam 2025 ACTUAL EXAM COMPLETE 100 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

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Business Studies Exam 2025 ACTUAL EXAM COMPLETE 100 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

Institution
BUSINESS STUDIES
Course
BUSINESS STUDIES










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Institution
BUSINESS STUDIES
Course
BUSINESS STUDIES

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Uploaded on
January 24, 2025
Number of pages
23
Written in
2024/2025
Type
Exam (elaborations)
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Business Studies Exam 2025 ACTUAL EXAM COMPLETE 100 QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+


1. Definition of a
The organised effort of individuals to produce and
business
sell, for a profit, the products that satisfy
individual's needs and wants.

2. What are goods? Items that can be seen or touched e.g. car

3. What are ser- roles of a busi- ness (7)
vices?

4. What does 'Fin-
ished Product'
refer to?

5. What are the
main activities
undertaken by a
business?


6. What is one
com- mon
feature of large
and small
businesses?

7. What is the main
role of a busi-
ness?

8. What is the most
important busi-
ness activity?

9. What is
produc- tion?


10. What are the
To get this or any other Exam contact ()

,Business Studies Exam 2025 ACTUAL EXAM COMPLETE 100 QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

Activities Production, management, organising natural,
capital, and human resources, marketing products,
distributing goods and services, controlling
done for production, forecasting sales, expenses and profit,
planning finances, production, and business needs.

you by These businesses produce a product - good or
service - which is sold in a market where buyers an
sellers meet.
others e.g.


dentistry To produce and sell, for a profit, the products that
satisfy consumer needs and wants.

One that is
Production

ready for

Production refers to those activities undertaken by
customers the business that combine resources to create
products that satisfy customer's needs and wants.
to buy and Quality of life, profit, wealth, employment,
entrepreneur- ship, innovation, incomes.

use.




To get this or any other Exam contact ()

,Business Studies Exam 2025 ACTUAL EXAM COMPLETE 100 QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

11. Producing a 18. How many em- ployees in a large business?
product:
describe the
transformation
process and
value adding
for goods.

12. Provide an ex-
ample of value
adding in pro-
ducing a good.


13. Describe the
value adding
process in pro-
ducing a service.

14. Provide an ex-
ample of value
adding in
creat- ing a
service.

15. How many em-
ployees in a
mi- cro-
business?

16. How many em-
ployees in a
small
business?

17. How many
em- ployees in
a medium
busi- ness?
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