Daily Practice

GCSE Business

10th January 2019

5 questions · GCSE · 503 questions in this band

1
The purpose of business and enterprise
What term describes the process of identifying a gap in the market and taking the risk to fill it?
2
The Role of the Entrepreneur and Generating Business Ideas
State one quality commonly associated with successful entrepreneurs.
3
Adding Value in Business
Explain how excellent customer service can add value to a service business.
4
Understanding and Meeting Customer Needs
Explain why a business should carry out market research before launching a new product.
5
Business ownership structures
State the number of owners a standard partnership usually has.

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