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    Business Studies Worksheet

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    Martha Anton
    This document contains a business studies worksheet with multiple questions asking about key business concepts. It asks the student to explain the differences between primary, secondary and tertiary industries; state three features of a market economy; name three disadvantages of privatization; explain internal and external business growth; and explain why some businesses remain small. It also asks the student to identify which measures of business size two owners are using to compare their businesses and advise which method they should use instead.

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    Business Studies Worksheet

    Uploaded by

    Martha Anton
    110 views2 pages
    This document contains a business studies worksheet with multiple questions asking about key business concepts. It asks the student to explain the differences between primary, secondary and tertiary industries; state three features of a market economy; name three disadvantages of privatization; explain internal and external business growth; and explain why some businesses remain small. It also asks the student to identify which measures of business size two owners are using to compare their businesses and advise which method they should use instead.

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    BUSINESS STUDIES WORKSHEET

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    This document contains a business studies worksheet with multiple questions asking about key business concepts. It asks the student to explain the differences between primary, secondary and tertiary industries; state three features of a market economy; name three disadvantages of privatization; explain internal and external business growth; and explain why some businesses remain small. It also asks the student to identify which measures of business size two owners are using to compare their businesses and advise which method they should use instead.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    110 views2 pages

    Business Studies Worksheet

    Uploaded by

    Martha Anton
    This document contains a business studies worksheet with multiple questions asking about key business concepts. It asks the student to explain the differences between primary, secondary and tertiary industries; state three features of a market economy; name three disadvantages of privatization; explain internal and external business growth; and explain why some businesses remain small. It also asks the student to identify which measures of business size two owners are using to compare their businesses and advise which method they should use instead.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    BUSINESS STUDIES WORKSHEET

    Name…………………………………………………………………….

    1. Explain the difference between the primary,secondary and tertiary sectors


    of industry. (6)
    Primary Secondary Tertiary

    2. State three features of a market economy. (3)


    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    3. Name three possible disadvantages of the privatisation of industries such
    as electricity and gas supplies. (6)
    ......................................................................................................................
    ......................................................................................................................
    ......................................................................................................................
    ......................................................................................................................
    ......................................................................................................................
    ......................................................................................................................
    ......................................................................................................................
    4. Explain the difference between the internal and external growth of
    business. (4)
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    …………………………………………………………………………….
    5. Explain two reasons why some businesses remain small. (4)
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    …………………………………………………………………………….
    6. Two business owners cannot agree on which of them owns the larger
    business. One owner who runs a printing firm using the latest
    expensive equipment,considers his firm to be larger. The other owner,
    who has a fruit farm that uses only manual labour to pick up the
    fruit,considers her business to be larger.
    6.1 Which forms of measuring business size does each owner seem to be
    using?
    ………………………………………………………………………………
    ………………………………………………………………………………
    ……………………………………………………………………………..(2)
    6.2 Which method of measuring business size would you advise the two
    owners to use and why? (4)
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    ……………………………………………………………………………
    Give two examples of each of the following:

    Horizontal intergration of Forward vertical intergration of


    Business business

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