BS0020 Recap 2025

Question 1

Which of the following business structures is most commonly used by professional services like law firms?

Accepted Answer

LLP

Question 2

Which segmentation type is based on user behaviours such as purchase history or website activity?

Accepted Answer

Behavioural

Question 3

Which company was criticised for greenwashing and poor working conditions?

Accepted Answer

BooHoo

Question 4

What does a cash flow forecast help a business to do?

Accepted Answer

Track the inflow and outflow of cash

Question 5

Which of these is an example of an IoT device?

Accepted Answer

Smart Thermostat

Question 6

Which type of insurance is legally required for UK employers?

Accepted Answer

Employers’ Liability

Question 7

Which business type offers limited liability to shareholders and must register with Companies House?

Accepted Answer

Private Limited Company

Question 8

Which classical theorist is associated with ‘scientific management’?

Accepted Answer

Frederick Taylor

Question 9

Which of the following is a key feature of digital platforms?

Accepted Answer

User-generated content

Question 10

In Handy’s model, which culture is based around centralised power and quick decision-making?

Accepted Answer

Power Culture

Question 11

What component of the Lean Business Model Canvas describes how a company will measure success?

Accepted Answer

Key Metrics

Question 12

Which term refers to AI systems capable of general human-like intelligence?

Accepted Answer

Strong AI

Question 13

Which of the following is NOT one of the 9 blocks in the Lean Business Model Canvas?

Accepted Answer

Marketing Budget

Question 14

Segmenting a market based on age, income, or education level refers to:

Accepted Answer

Demographic Segmentation

Question 15

Which historical figure posed the question 'Can machines think?'

Accepted Answer

Alan Turing

Question 16

. Which digital trend focuses on data analysis in real-time for business decision-making?

Accepted Answer

Real-time analytics

Question 17

What is a 'moral machine' in the context of AI ethics?

Accepted Answer

A decision-making simulator for autonomous vehicles

Question 18

What is the formula for calculating break-even point in units?

Accepted Answer

Fixed Costs ÷ Contribution per Unit

Question 19

A key concern for IoT devices is:

Accepted Answer

Security and Privacy

Question 20

Which of the following is a common ethical concern in AI systems?

Accepted Answer

Algorithmic bias

Question 21

The collapse of which company is often cited as a failure in corporate governance in the UK?

Accepted Answer

Carillion

Question 22

Which of the following is an example of primary market research?

Accepted Answer

Focus Group

Question 23

Which of the following is NOT typically included in a business plan?

Accepted Answer

Weather forecast

Question 24

Which of the following is a *legal* requirement relating to CSR in the UK?

Accepted Answer

Modern Slavery Act Compliance

Question 25

. A business has fixed costs of £2000 and makes £5 per unit sold. How many units to break even?

Accepted Answer

500

Question 26

What are the three core principles of cybersecurity?

Accepted Answer

Confidentiality, Integrity, Availability

Question 27

Which of the following best defines business insurance?

Accepted Answer

A financial safeguard against risks

Question 28

What are the 4 V’s of Big Data?

Accepted Answer

Volume, Variety, Velocity, Veracity

Question 29

Which sector might benefit most from quantum computing’s processing power?

Accepted Answer

Financial services

Question 30

Which technology allows secure, transparent record-keeping without a central authority?

Accepted Answer

Blockchain

Question 31

Which term refers to testing a system’s security by simulating a cyberattack?

Accepted Answer

Penetration Testing

Question 32

Which tool is commonly used for creating interactive dashboards in data science?

Accepted Answer

Tableau

Question 33

Which type of data is typically collected through interviews and open-ended surveys?

Accepted Answer

Qualitative

Question 34

Sir Titus Salt is known for which of the following?

Accepted Answer

Creating a model industrial village

BS0020 Recap 2025

Questions 34

BS0020 Recap 2025

Questions 34