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Business Studies Worksheet

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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Martha Anton
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181 views

Business Studies Worksheet

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.

Uploaded by

Martha Anton
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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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)


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3. Name three possible disadvantages of the privatisation of industries such
as electricity and gas supplies. (6)
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4. Explain the difference between the internal and external growth of
business. (4)
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5. Explain two reasons why some businesses remain small. (4)
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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)
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Give two examples of each of the following:

Horizontal intergration of Forward vertical intergration of


Business business

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