Questions in Standard Grade Business Management

Designed for use in conjunction with Standard Grade Business Management Course Notes, this title provides essential exam preparation in all areas of the course. Unit-by-unit sets of questions, ideal for topic-testing, are designed to assess knowledge and understanding and aim to develop students decision-making skills.

Whilst a pull-out answer section indicates question difficulty and allows easy self-assessment, the question checklist and page-by-page references to topic summaries in Standard Grade Business Management Course Notes encourage focused revision and improved performance in exams.

Contents

Introduction

Exam preparation

Note to teachers

Chapter 1: What is business?

· What do businesses do?

· Why do businesses exist?

· How are businesses organised?

Chapter 2: How do businesses develop and perform?

· How do businesses start?

· How do businesses grow?

· How do businesses survive?

· Why do businesses fail?

· What is a successful business?

Chapter 3: What resources do businesses use?

· Why do businesses locate where they do?

· How do people contribute to businesses?

· How do businesses use information?

· How do businesses operate?

· What are the challenges facing businesses?

Chapter 4: How are businesses managed?

· What are the key decisions that businesses make?

· What influences the decisions?

· What aids decision making?

· How are decisions made?

· How do businesses communicate?

Answers