Business Studies (Preliminary) Exam Questions With Correct Answers Latest Updated 2026/2027 | 100% Verified | Graded A+.

12/7/25, 6:26 PM Business Studies (Preliminary) Flashcards | Quizlet

Social Science Business Business Management


Business Studies (Preliminary)
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Practice questions for this set


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Management, Fear of Job Loss, Disruption to Routine, Fear of the Unkown, Inertia, Cost



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1 Role of a Business 2 Achieving Business Goals



3 Resistance to Change 4 Legal Structure



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Terms in this set (81)


Profit, Employment, Income, Choice, Innovation,
Role of a Business
Entrepreneurship and Risk, Wealth, Quality of Life

Size Micro, Small, Medium, Large

Reach Local, National, Global

Industry Primary, Secondary, Tertiary, Quaternary, Quinary

Sole Trader, Partnership, Public, Private, Government
Legal Structure
Organisation

Factors Influencing Legal Size, Ownership, Finance
Structure

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