Daily Practice

GCSE Business

27th December 2019

5 questions · GCSE · 503 questions in this band

1
Understanding and Meeting Customer Needs
Explain why a business should carry out market research before launching a new product.
2
Business ownership structures
State the ownership structure that has one owner and unlimited liability.
3
Business aims and objectives
Give one reason a well-established plc might prioritise profit maximisation over survival.
4
Stakeholders and their conflicting interests
State one interest a supplier has in the businesses it supplies.
5
Business location decisions
Give one non-financial factor, other than transport, that might influence a service business's location choice.

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