Daily Practice

GCSE Business

31st August 2021

5 questions · GCSE · 503 questions in this band

1
Adding Value in Business
Explain how excellent customer service can add value to a service business.
2
Understanding and Meeting Customer Needs
Explain why a business should carry out market research before launching a new product.
3
Business ownership structures
State the ownership structure that has one owner and unlimited liability.
4
Business aims and objectives
Give one reason a well-established plc might prioritise profit maximisation over survival.
5
Stakeholders and their conflicting interests
State one interest a supplier has in the businesses it supplies.

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