Bece Model Questions Vol1 2025 Business Studies Question 1

Practice practical question 1 from the 2025 Bece Model Questions Vol1 Business Studies examination. This question covers Introduction to Business .

Bece Model Questions Vol1 2025 Business Studies Practical
Topic: Introduction to Business
Question 1 BECE_MODEL_QUESTIONS_VOL1 • 2025 • BUSINESS_STUDIES • practical

A group of senior secondary students decides to start a small business selling homemade biscuits to their school community.

Question Parts

( a )
State the form of business organisation that best describes the students’ venture and give one reason for your choice.
( b )
List three internal stakeholders and three external stakeholders of the biscuit business. For each stakeholder give one specific interest they have in the business.
( c )
The students estimate that the fixed costs for the first month will be ₦12,500 and the variable cost per biscuit is ₦150. They plan to sell each biscuit at ₦250. Calculate the break‑even quantity of biscuits for the first month.
( d )
Suggest two non‑financial performance measures the students could use to assess the success of their biscuit business in the first month.

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About This Question

This is Bece Model Questions Vol1 2025 Business Studies Question 1. It is one of the practical questions from the 2025 Bece Model Questions Vol1 Business Studies examination.

The question covers Introduction to Business .

View More Bece Model Questions Vol1 2025 Business Studies Questions More Bece Model Questions Vol1 Practice Questions Back to Questions

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